Credit Expansion in Emerging Markets : Propeller of Growth? /

This paper explores the contribution of credit growth and the composition of credit portfolio (corporate, consumer, and housing credit) to economic growth in emerging market economies (EMs). Using cross-country panel regressions, we find significant impact of credit growth on real GDP growth, with t...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Garcia-Escribano, Mercedes
Weitere Verfasser: Han, Fei
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2015.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2015/212
Online Zugang:Full text available on IMF