How Should Credit Gaps Be Measured? : An Application to European Countries /
Assessing when credit is excessive is important to understand macro-financial vulnerabilities and guide macroprudential policy. The Basel Credit Gap (BCG) - the deviation of the credit-to-GDP ratio from its long-term trend estimated with a one-sided Hodrick-Prescott (HP) filter-is the indicator pref...
| Autor principal: | |
|---|---|
| Otros Autores: | , , |
| Formato: | Revista |
| Lenguaje: | English |
| Publicado: |
Washington, D.C. :
International Monetary Fund,
2020.
|
| Colección: | IMF Working Papers; Working Paper ;
No. 2020/006 |
| Acceso en línea: | Full text available on IMF |