An Anatomy of Credit Booms : Evidence From Macro Aggregates and Micro Data /

We study the characteristics of credit booms in emerging and industrial economies. Macro data show a systematic relationship between credit booms and economic expansions, rising asset prices, real appreciations and widening external deficits. Micro data show a strong association between credit booms...

Disgrifiad llawn

Manylion Llyfryddiaeth
Prif Awdur: Terrones, Marco
Awduron Eraill: Mendoza, Enrique
Fformat: Cylchgrawn
Iaith:English
Cyhoeddwyd: Washington, D.C. : International Monetary Fund, 2008.
Cyfres:IMF Working Papers; Working Paper ; No. 2008/226
Mynediad Ar-lein:Full text available on IMF