Credit Booms and Macroeconomic Dynamics : Stylized Facts and Lessons for Low-Income Countries /

Using a comprehensive database on bank credit, covering 135 developing countries over the period 1960-2011, we identify, document, and compare the macro-economic dynamics of credit booms across low- and middle-income countries. The results suggest that while the duration and magnitude of credit boom...

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Bibliographic Details
Main Author: Arena, Marco
Other Authors: Bouza, Serpil, Dabla-Norris, Era, Gerling, Kerstin
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2015.
Series:IMF Working Papers; Working Paper ; No. 2015/011
Online Access:Full text available on IMF