Add to ORKGA consistent predictor of financial crises, both in advanced and emerging economies, is the magnitude of the preceding credit boom. Schularick and Taylor (2012) show that "credit growth is a powerful predictor of financial crises, suggesting that such crises are credit booms gone wrong and that policymakers ignore credit at their peril " while Mendoza and Terrone
In this paper, we propose an alternative methodology to determine the existence of credit booms, whi...
The recent global crisis has sparked interest in the relationship between income inequality, credit ...
Credit shocks are organic phenomena in economy but extreme biases could have harm effect both at mic...
We show that political booms, measured by the rise in governments’ popularity, predict financial cri...
Political booms, measured by the rise in governments’ popularity, predict financial crises above and...
We study the behavior of credit spreads and their link to economic growth during nancial crises. We ...
Purpose: The purpose of this paper is to test whether financial crises themselves provide some degre...
This paper investigates the commonalities and differences between benign credit booms and those that...
Using historical data on postwar financial crises around the world, we show that the combination of ...
2008 This Working Paper should not be reported as representing the views of the IMF. The views expre...
The crisis of the advanced economies in 2008–09 has focused new attention on money and credit fluctu...
Recent evidence indicates that surges in capital inflows and credit booms can increase the probabili...
Episodes of rapid credit growth, especially credit booms, tend to end abruptly, typically in the for...
THE EAST ASIAN crisis is only the latest in a series of spectacular eco-nomic catastrophes in develo...
It has been frequently argued that surges in capital inflows are a major cause of credit booms and b...
In this paper, we propose an alternative methodology to determine the existence of credit booms, whi...
The recent global crisis has sparked interest in the relationship between income inequality, credit ...
Credit shocks are organic phenomena in economy but extreme biases could have harm effect both at mic...
We show that political booms, measured by the rise in governments’ popularity, predict financial cri...
Political booms, measured by the rise in governments’ popularity, predict financial crises above and...
We study the behavior of credit spreads and their link to economic growth during nancial crises. We ...
Purpose: The purpose of this paper is to test whether financial crises themselves provide some degre...
This paper investigates the commonalities and differences between benign credit booms and those that...
Using historical data on postwar financial crises around the world, we show that the combination of ...
2008 This Working Paper should not be reported as representing the views of the IMF. The views expre...
The crisis of the advanced economies in 2008–09 has focused new attention on money and credit fluctu...
Recent evidence indicates that surges in capital inflows and credit booms can increase the probabili...
Episodes of rapid credit growth, especially credit booms, tend to end abruptly, typically in the for...
THE EAST ASIAN crisis is only the latest in a series of spectacular eco-nomic catastrophes in develo...
It has been frequently argued that surges in capital inflows are a major cause of credit booms and b...
In this paper, we propose an alternative methodology to determine the existence of credit booms, whi...
The recent global crisis has sparked interest in the relationship between income inequality, credit ...
Credit shocks are organic phenomena in economy but extreme biases could have harm effect both at mic...