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...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Elekdag, Selim
Weitere Verfasser: Wu, Yiqun
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2011.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2011/241
Online Zugang:Full text available on IMF