Financial Conditions and Growth at Risk in the ECCU /
We study the growth determinants in the Eastern Caribbean Currency Union (ECCU), using the Growth at Risk (GaR) framework with a focus on financial variables. We find that excessive bank credit growth is associated with lower future real GDP growth in the medium term especially on the low quantiles...
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| Формат: | Журнал |
| Мова: | English |
| Опубліковано: |
Washington, D.C. :
International Monetary Fund,
2019.
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| Серія: | IMF Working Papers; Working Paper ;
No. 2019/247 |
| Онлайн доступ: | Full text available on IMF |