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...

पूर्ण विवरण

ग्रंथसूची विवरण
मुख्य लेखक: Baba, Chikako
अन्य लेखक: Dell'Erba, Salvatore, Detragiache, Enrica, Harrison, Olamide
स्वरूप: पत्रिका
भाषा:English
प्रकाशित: Washington, D.C. : International Monetary Fund, 2020.
श्रृंखला:IMF Working Papers; Working Paper ; No. 2020/006
ऑनलाइन पहुंच:Full text available on IMF