Lending Standards and Output Growth /
While some credit booms are followed by economic underperformance, many are not. Can lending standards help separate good credit booms from bad credit booms contemporaneously? To observe lending standards internationally, I use information from primary debt capital markets. I construct the high-yiel...
Main Author: | |
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Format: | Journal |
Language: | English |
Published: |
Washington, D.C. :
International Monetary Fund,
2018.
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Series: | IMF Working Papers; Working Paper ;
No. 2018/023 |
Online Access: | Full text available on IMF |