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...

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Bibliografiska uppgifter
Huvudupphovsman: Terrones, Marco
Övriga upphovsmän: Mendoza, Enrique
Materialtyp: Tidskrift
Språk:English
Publicerad: Washington, D.C. : International Monetary Fund, 2008.
Serie:IMF Working Papers; Working Paper ; No. 2008/226
Länkar:Full text available on IMF