Series: IMF Working Papers
Author(s): Alexander Herman , and Alexander Klemm
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 30 January 2017
Keywords: Credit, Mexico, Financial sector, Banks, Credit expansion, Financial intermediation, Business cycles, Mexico; Credit gap; credit growth; financial development.
International comparisons reveal that-even controlling for a host of explanatory factors-credit depth is exceptionally low in Mexico. Using panel data methods linking credit growth and fundamentals, this paper esti...