Does Supply or Demand Drive the Credit Cycle? : Evidence from Central, Eastern, and Southeastern Europe /

Countries in Central, Eastern, and Southeastern Europe (CESEE) experienced a credit boom-bust cycle in the last decade. This paper analyzes the roles of demand and supply factors in explaining this credit cycle. Our analysis first focuses on a large sample of bank-level data on credit growth for the...

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Bibliographic Details
Main Author: Everaert, Greetje
Other Authors: Che, Natasha, Geng, Nan, Gruss, Bertrand
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2015.
Series:IMF Working Papers; Working Paper ; No. 2015/015
Online Access:Full text available on IMF