01869cas a2200253 a 4500 AALejournalIMF007079 230101c9999 xx r poo 0 0eng d 5.00 USD 9781455218035 1018-5941 BD-DhAAL BD-DhAAL Stepanyan, Vahram. Determinants of Bank Credit in Emerging Market Economies / Vahram Stepanyan, Kai Guo. Washington, D.C. : International Monetary Fund, 2011. 1 online resource (20 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students We examine changes in bank credit across a wide range of emerging market economies during the last decade. The rich time-series and cross-section information allows us to draw broader lessons compared to many existing researches, which focus on a specific set of emerging market economies or on shorter time periods. Our results show that domestic and foreign funding contribute positively and symmetrically to credit growth. The results also indicate that stronger economic growth leads to higher credit growth, and high inflation, while increasing nominal credit, is detrimental to real credit growth. We also find that loose monetary conditions, either domestic or global, result in more credit, and that the health of the banking sector also matters. Finally, we discuss some policy lessons. Mode of access: Internet Guo, Kai. IMF Working Papers; Working Paper ; No. 2011/051 Full text available on IMF http://elibrary.imf.org/view/journals/001/2011/051/001.2011.issue-051-en.xml IMF e-Library