Search Results

You are looking at 81 - 87 of 87 items :

  • Keyword: credit growth x
Clear All Modify Search
A Financial Conditions Index for Greece

A Financial Conditions Index for Greece »

Volume/Issue: 2015/220

Series: IMF Working Papers

Author(s): Jonathan Manning , and Maral Shamloo

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 02 October 2015

DOI: http://dx.doi.org/10.5089/9781513520230.001

ISBN: 9781513520230

Keywords: Financial conditions, principal component analysis, monetary policy, credit growth, financial shocks, loans, balance sheets, Forecasting and Simulation, Financial Markets and the Macroeconomy, General,

We construct a Financial Conditions Index (FCI) for Greece as a surveillance tool to quantify the degree of the stress in the financial sector. We use principal component analysis to capture the information content...

Managing Credit Bubbles

Managing Credit Bubbles »

Volume/Issue: 2014/95

Series: IMF Working Papers

Author(s): Alberto Martin , and Jaume Ventura

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 09 June 2014

DOI: http://dx.doi.org/10.5089/9781498307666.001

ISBN: 9781498307666

Keywords: rollover crises, secondary markets, crowding, capital stock, capital income, credit constraint, credit market, International Lending and Debt Problems, Financial Aspects of Economic Integration, Open Economy Macroeconomics

We study a dynamic economy where credit is limited by insufficient collateral and, as a result, investment and output are too low. In this environment, changes in investor sentiment or market expectations can give...

A Strategy for Resolving Europe's Problem Loans

A Strategy for Resolving Europe's Problem Loans »

Volume/Issue: 2015/19

Series: Staff Discussion Notes

Author(s): Shekhar Aiyar , Wolfgang Bergthaler , Jose Garrido , Anna Ilyina , Andreas Jobst , Kenneth Kang , Dmitriy Kovtun , Yan Liu , Dermot Monaghan , and Marina Moretti

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 September 2015

DOI: http://dx.doi.org/10.5089/9781513591278.006

ISBN: 9781513591278

Keywords: Bank resolution, Banks, Debt restructuring, Europe, Non-performing loans, Corporate debt, Nonperforming loans, NPL resolution, credit growth, debt

Europe's banking system is weighed down by high levels of non-performing loans (NPLs), which are holding down credit growth and economic activity. This discussion note uses a new survey of European country authorit...

Regional Financial Interlinkages and Financial Contagion within Europe

Regional Financial Interlinkages and Financial Contagion within Europe »

Volume/Issue: 2009/6

Series: IMF Working Papers

Author(s): Inci Ötker , Karl Driessen , and Zsófia Árvai

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 2009

DOI: http://dx.doi.org/10.5089/9781451871531.001

ISBN: 9781451871531

Keywords: Financial linkages, contagion, spillover effects, funding exposure, credit growth, Central, Eastern, Southeastern Europe, claims, banking

This paper focuses on financial interlinkages within Europe and potential contagion channeled through these interlinkages. It discusses the increased role of external financing as a source of funding for credit gro...

Republic of Poland
			: Review under the Flexible Credit Line Arrangement

Republic of Poland : Review under the Flexible Credit Line Arrangement »

Volume/Issue: 2014/8

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. European Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 January 2014

DOI: http://dx.doi.org/10.5089/9781484344415.002

ISBN: 9781484344415

Keywords: Debt sustainability analysis, Economic growth, Economic indicators, Economic recovery, Staff Reports, Press releases, Poland, Fiscal policy, Flexible Credit Line, Monetary policy

On January 8, 2014, the Executive Board of the IMF completed its review of Poland's qualification for the arrangement under the Flexible Credit Line (FCL) and reaffirmed Poland's continued qualification to access F...

The Real Effects of Financial Sector Risk

The Real Effects of Financial Sector Risk »

Volume/Issue: 2009/198

Series: IMF Working Papers

Author(s): Andrea Maechler , and Alexander Tieman

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 2009

DOI: http://dx.doi.org/10.5089/9781451873450.001

ISBN: 9781451873450

Keywords: financial sector risk, feedback effects, second-round effects, credit growth, financial sector, regression results, panel regression, regression equation, Multiple or Simultaneous Equation Models: Models with Panel Data, Financial Markets and the Macroeconomy

This paper estimates the magnitude of key effects on the real economy from financial sector stress. We focus on the short-run feedback effect from market-based indicators of financial sector risk to the real econom...

The Puzzle of Persistently Negative Interest Rate-Growth Differentials
			: Financial Repression or Income Catch-Up?

The Puzzle of Persistently Negative Interest Rate-Growth Differentials : Financial Repression or Income Catch-Up? »

Volume/Issue: 2011/260

Series: IMF Working Papers

Author(s): Anna Shabunina , Julio Escolano , and Jaejoon Woo

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 2011

DOI: http://dx.doi.org/10.5089/9781463924553.001

ISBN: 9781463924553

Keywords: interest rate-growth differential, debt dynamics, dynamic efficiency, income catch-up, financial repression, inflation, government debt, real interest rate, private credit, Money And Interest Rates

The interest rate-growth differential (IRGD) shows a marked correlation with GDP per capita. It has been on average around 1 percentage point for large advanced economies during 1999-2008; but below -7 percentage p...