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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Materialtyp: | Tidskrift |
Språk: | English |
Publicerad: |
Washington, D.C. :
International Monetary Fund,
2011.
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Serie: | IMF Working Papers; Working Paper ;
No. 2011/241 |
Länkar: | Full text available on IMF |