A Credit Crunch? : A Case Study of Finland in the Aftermath of the Banking Crisis /
This paper estimates a disequilibrium model of credit supply and demand to evaluate whether there was a credit crunch in Finland following the banking crisis of 1991-92. Empirical analysis suggests that the marked reduction in bank lending was mainly in reaction to a cyclical decline in credit deman...
| Autor principal: | |
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| Formato: | Periódico |
| Idioma: | English |
| Publicado em: |
Washington, D.C. :
International Monetary Fund,
1996.
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| Colecção: | IMF Working Papers; Working Paper ;
No. 1996/135 |
| Acesso em linha: | Full text available on IMF |