Credit Expansion in Emerging Markets : Propeller of Growth? /

Credit Expansion in Emerging Markets : Propeller of Growth? /

This paper explores the contribution of credit growth and the composition of credit portfolio (corporate, consumer, and housing credit) to economic growth in emerging market economies (EMs). Using cross-country panel regressions, we find significant impact of credit growth on real GDP growth, with t...

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Bibliografiske detaljer
Hovedforfatter:	Garcia-Escribano, Mercedes
Andre forfattere:	Han, Fei
Format:	Tidsskrift
Sprog:	English
Udgivet:	Washington, D.C. : International Monetary Fund, 2015.
Serier:	IMF Working Papers; Working Paper ; No. 2015/212
Online adgang:	Full text available on IMF

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