From Subprime Loans to Subprime Growth? : Evidence for the Euro Area /

The global financial crisis has highlighted the potential of financial conditions for influencing real economic activity. We examine the linkages between the financial and real sectors in the euro area, finding that (i) bank loan supply responds negatively to declines in bank soundness; (ii) a cutba...

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Bibliographic Details
Main Author: Cihak, Martin
Other Authors: Koeva Brooks, Petya
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2009.
Series:IMF Working Papers; Working Paper ; No. 2009/069
Online Access:Full text available on IMF