The Riskiness of Credit Allocation and Financial Stability /
We explore empirically how the time-varying allocation of credit across firms with heterogeneous credit quality matters for financial stability outcomes. Using firm-level data for 55 countries over 1991-2016, we show that the riskiness of credit allocation, captured by Greenwood and Hanson (2013)�...
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| Kolejni autorzy: | , , |
| Format: | Czasopismo |
| Język: | English |
| Wydane: |
Washington, D.C. :
International Monetary Fund,
2019.
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| Seria: | IMF Working Papers; Working Paper ;
No. 2019/207 |
| Dostęp online: | Full text available on IMF Full text available on IMF Full text available on IMF |