Political and Institutional Determinants of Credit Booms
نویسندگان
چکیده
منابع مشابه
The Perils of Credit Booms∗
Credit booms often cause economic expansions. But some credit booms end in financial crises yet others do not. To find out why, this paper presents a dynamic general equilibrium model of production economies with adverse selection in the financial market. Entrepreneurs can take on short-term collateralized debt and trade long-term assets to finance investment. Funding liquidity can erode market...
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Using a new country-level panel database, we explore effect of capital inflow surges, credit booms and financial fragility on the probability of banking crises. We find that booms increase the probability of a crisis only in relatively fragile financial systems. © 2015 The Authors. Published by Elsevier B.V. This is an open access article under the CC BY license (http://creativecommons.org/lice...
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پس از بررسی هر کدام از فاکتورهای نوع صنعت, نوع ضمانت نامه, نرخ بهره , نرخ تورم, ریسک اعتباری کشورها, کارمزد, ریکاوری, gdp, پوشش و وثیقه بر ریسک اعتباری صندوق ضمانت صادرات ایران مشخص گردید که همه فاکتورها به استثنای ریسک اعتباری کشورها و کارمزد بقیه فاکتورها رابطه معناداری با ریسک اعتباری دارند در ضمن نرخ بهره , نرخ تورم, ریکاوری, و نوع صنعت و ریسک کشورها اثر عکس روی ریسک اعتباری داردو پوشش, وثی...
15 صفحه اولBoomS and BuStS in houSing marketS determinantS and imPlicationS
In 2009 all ECB publications feature a motif taken from the €200 banknote. 1 We are grateful to Carsten Detken, Gerard Korteweg, an anonymous referee and participants at the European Central Bank seminar on booms and busts in housing markets for helpful comments. Any views expressed represent those of the authors and not necessarily those of the European Central Bank. Fax +49 69 1344 6000 All r...
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Latin American countries (among many others) face tremendous social problems. A strategy to address those problems is the key challenge for these polities. At this point, there is no shortage of (reasonably sound) technical advice on these matters by international organizations and other actors, yet progress is quite limited in many cases. Most recently, attention has turned to the role of inst...
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ژورنال
عنوان ژورنال: Oxford Bulletin of Economics and Statistics
سال: 2018
ISSN: 0305-9049,1468-0084
DOI: 10.1111/obes.12290