Results 41 to 50 of about 3,985,832 (340)
Macroprudential Policy, Credit Cycle, and Bank Risk-Taking
Sustainability, 2018 This paper constructs a theoretical model to analyze the effect of macroprudential policies (MPPs) on bank risk-taking. We collect a data set of 231 commercial banks in China to empirically test whether macroprudential tools, including countercyclical ...
Xing Zhang +3 more
semanticscholar +1 more source
Self-Fulfilling Credit Cycles [PDF]
SSRN Electronic Journal, 2012 In U.S. data 1981–2012, unsecured firm credit moves procyclically and tends to lead GDP, while secured firm credit is acyclical; similarly, shocks to unsecured firm credit explain a far larger fraction of output fluctuations than shocks to secured credit.
Azariadis, Costas, Kaas, Leo
openaire +4 more sources
Determinants of the Credit Cycle: A Flow Analysis of the Extensive Margin
Social Science Research NetworkExamining two decades of loan‐level data on Italian bank loans to households and businesses, we find that credit fluctuations primarily result from changes in the number of borrowers (extensive margin).
Vincenzo Cuciniello, Nicola di Iasio
semanticscholar +1 more source
Determination of the Current Phase of the Credit Cycle in Emerging Markets
Russian Journal of Money and Finance, 2019 We test the ability of early warning indicators that appear in the literature to predict credit cycle peaks in a cross-section of emerging markets, verifying our findings by cross-sectional validation.
E. Deryugina, A. Ponomarenko
semanticscholar +1 more source
Tropicultura, 2020 This study uses an ex-post evaluation method to estimate the optimal external funding level that maximizes the benefit of agro-pastoral enterprises supported by the youth program for the Promotion of Entrepreneurship in Agro-pastoral Activities (PEA ...
Achille Jean Jaza Folefack +2 more
doaj +1 more source
More or Less Openness? The Credit Cycle, Housing, and Policy
EconomiesHousing prices have recently risen sharply in many countries, primarily linked to the global credit cycle. Although various factors play a role, the ability of developing countries to navigate this cycle and maintain autonomous monetary policies is ...
Maria Elisa Farias, David R. Godoy
doaj +1 more source
Synchronization of the business and financial cycle in the countries of the European Union
EkonomistaThe aim of the research is to assess the synchronization of business and financial cycles in EU countries, taking into account the division into “old” and “new” members of this group and the impact of the crisis phenomena of 2020–2022.
Łukasz Markowski, Aleksandra Ostrowska
doaj +1 more source
Determinants of Aggregate Credit Flows to U.S. Corporate and Noncorporate Sector
SAGE Open, 2019 This article explores the financial accounts of the United States to analyze the synchronicity in bank and nonbank credit flows with the fund flow patterns of U.S. nonfinancial corporate and noncorporate sector.
P. Lakshmi, M. Thenmozhi, Nikhil Varaiya
doaj +1 more source
Bank Credit in Financial Cycle during COVID-19 Pandemic: Dilemma from Indonesia
Shirkah, 2022 Bank credit is crucial to boost economic growth and preserve financial stability during the COVID-19 pandemic. However, a previous study has yet to establish the state of bank credit in the financial cycle during the COVID-19 pandemic in Indonesia.
Edwin Basmar +2 more
doaj +1 more source
Business Cycle Effects of Credit and Technology Shocks in a DSGE Model with Firm Defaults
, 2011 This paper proposes a theoretical framework to analyze the impacts of credit and technology shocks on business cycle dynamics, where firms rely on banks and households for capital financing. Firms are identical ex ante but differ ex post due to different
Xu, TengTeng +2 more
core +1 more source