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...

Full beskrivning

Bibliografiska uppgifter
Huvudupphovsman: Elekdag, Selim
Övriga upphovsmän: Wu, Yiqun
Materialtyp: Tidskrift
Språk:English
Publicerad: Washington, D.C. : International Monetary Fund, 2011.
Serie:IMF Working Papers; Working Paper ; No. 2011/241
Länkar:Full text available on IMF