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...
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Other Authors: | |
Format: | Journal |
Language: | English |
Published: |
Washington, D.C. :
International Monetary Fund,
2012.
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Series: | IMF Working Papers; Working Paper ;
No. 2012/043 |
Online Access: | Full text available on IMF |