Rapid Credit Growth : Boon or Boom-Bust? /

Episodes of rapid credit growth, especially credit booms, tend to end abruptly, typically in the form of financial crises. This paper presents the findings of a comprehensive event study focusing on 99 credit booms. Loose monetary policy stances seem to have contributed to the build-up of credit boo...

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Hlavní autor: Elekdag, Selim
Další autoři: Wu, Yiqun
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 2011.
Edice:IMF Working Papers; Working Paper ; No. 2011/241
On-line přístup:Full text available on IMF