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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Dettagli Bibliografici
Autore principale: Cihak, Martin
Altri autori: Koeva Brooks, Petya
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2009.
Serie:IMF Working Papers; Working Paper ; No. 2009/069
Accesso online:Full text available on IMF