Front Matter
  • 1 https://isni.org/isni/0000000404811396, International Monetary Fund

Front Matter Page

European Department

Authorized for distribution by Albert Jaeger

Contents

  • I. Introduction

  • II. Stylized Facts and Literature Review

  • III. Data and Methodology

  • IV. Estimation Results and Robustness Checks

  • V. Findings and Policy Implications

  • Tables

  • 1. Data Series and Sources

  • 2. Regression Results Under Benchmark Specification

  • 3. Regression Results Under Alternative Specifications

  • 4. Regression Results Under Alternative Specifications with Time Dummies

  • Figures

  • 1. Average Credit Growth Before and After the Crisis

  • 2. Decomposition of Credit Growth in EU EMEs

  • 3. Decomposition of Credit Growth in other European EMEs

  • 4. Decomposition of Credit Growth in Middle East and Africa EMEs

  • 5. Decomposition of Credit Growth in Asia EMEs

  • 6. Decomposition of Credit Growth in Central America EMEs

  • 7. Decomposition of Credit Growth in South America EMEs

  • Appendix

  • Pre-Crisis Sample Regressions

  • References

Determinants of Bank Credit in Emerging Market Economies
Author: Vahram Stepanyan and Kai Guo