Measures to tame credit growth: Are they effective?

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216208%3A11230%2F14%3A10281486" target="_blank" >RIV/00216208:11230/14:10281486 - isvavai.cz</a>

Výsledek na webu

<a href="http://www.sciencedirect.com/science/article/pii/S0939362513000964" target="_blank" >http://www.sciencedirect.com/science/article/pii/S0939362513000964</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.1016/j.ecosys.2013.10.001" target="_blank" >10.1016/j.ecosys.2013.10.001</a>

Jazyk výsledku

angličtina

Název v původním jazyce

Measures to tame credit growth: Are they effective?

Popis výsledku v původním jazyce

This paper focuses on policy measures taken to curb bank credit growth in the private sector in the pre-crisis period 2003-2007. Our analysis is based on an original survey conducted in 2010 on eleven central banks in Central and Eastern Europe (CEE). The findings reveal substantial policy intervention: a total of 82 measures were implemented in CEE during the period considered. The paper presents a panel data analysis of the effectiveness of the policy measures adopted in the region. The overall results indicate that certain measures - particularly asset classification and provisioning rules and loan eligibility criteria - might have been effective in taming bank credit growth, especially if applied in the context of more general policy measures featuring a combination of various instruments. However, in countries in which the authorities managed to somewhat decrease the flows of bank credit into the economy, the measures were often circumvented via direct, cross-border credit from fo

Název v anglickém jazyce

Measures to tame credit growth: Are they effective?

Popis výsledku anglicky

This paper focuses on policy measures taken to curb bank credit growth in the private sector in the pre-crisis period 2003-2007. Our analysis is based on an original survey conducted in 2010 on eleven central banks in Central and Eastern Europe (CEE). The findings reveal substantial policy intervention: a total of 82 measures were implemented in CEE during the period considered. The paper presents a panel data analysis of the effectiveness of the policy measures adopted in the region. The overall results indicate that certain measures - particularly asset classification and provisioning rules and loan eligibility criteria - might have been effective in taming bank credit growth, especially if applied in the context of more general policy measures featuring a combination of various instruments. However, in countries in which the authorities managed to somewhat decrease the flows of bank credit into the economy, the measures were often circumvented via direct, cross-border credit from fo

Druh

J_x - Nezařazeno - Článek v odborném periodiku (Jimp, Jsc a Jost)

CEP obor

AH - Ekonomie

OECD FORD obor

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Projekt

<a href="/cs/project/GAP403%2F10%2F1235" target="_blank" >GAP403/10/1235: Institucionální reakce na selhání finančních trhů</a><br>

Návaznosti

S - Specificky vyzkum na vysokych skolach

Rok uplatnění

2014

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název periodika

Economic Systems

ISSN

0939-3625

e-ISSN

—

Svazek periodika

38

Číslo periodika v rámci svazku

1

Stát vydavatele periodika

NL - Nizozemsko

Počet stran výsledku

19

Strana od-do

7-25

Kód UT WoS článku

000334088400002

EID výsledku v databázi Scopus

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