What Drives Credit Growth in Emerging Asia? /

This paper seeks to uncover the main drivers of credit growth in emerging Asia using a multi-country structural vector autoregressive (SVAR) model. Taking a novel approach, we developed a two-block SVAR whereby shocks within blocks are identified using sign restrictions, whereas shocks across the bl...

Full description

Bibliographic Details
Main Author: Han, Fei
Other Authors: Elekdag, Selim
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2012.
Series:IMF Working Papers; Working Paper ; No. 2012/043
Online Access:Full text available on IMF