In order to analyze current state of events in the world economy, parallel analysis with the country that has gone through boom cycle in real estate and financial asset prices (as US did during the last decade) and sudden consequential bust in mid 70s and late 80s (USA 2007), namely Japan, is performed. The definition and role of money in the economy in its various forms from narrow to the most broad credit aggregates and interrelations between central bank policy and growth of credit is discussed
This paper examines how over a period of more than ten years, Japan\u27s economy experienced prolong...
This paper assesses the relationship between money and credit and episodes of sharp depreciation in ...
Firms in modern developed economies can choose to borrow from banks or from trade partners. Using fi...
In order to analyze current state of events in the world economy, parallel analysis with the country...
This dissertation uses both micro-level and macro-level empirical analysis to examine the role of fi...
The thesis focuses on the development of money and credit in euro area countries. Most central banks...
This thesis is composed of three empirical studies examining the relationship between credit creatio...
During the course of the 1980s three major 'anomalies' were observed in a number of countries, inclu...
Credit crunches, quantitative easing and especially international credit cycles are all monetary fac...
Towards a New Monetary Paradigm: A Quantity Theorem of Disaggregated Credit, with Evidence from Japa...
My dissertation seeks to better understand the unconventional monetary policies that the Federal Res...
This paper studies whether bank credit fuels asset prices. I show that I have an instrument for the ...
It is known that the BOJ\u27s Credit Rationing has been the most important measure to control the mo...
Episodes of rapid credit growth, especially credit booms, tend to end abruptly, typically in the for...
This paper empirically estimates the main determinants of bank credit growth during the 2008 financi...
This paper examines how over a period of more than ten years, Japan\u27s economy experienced prolong...
This paper assesses the relationship between money and credit and episodes of sharp depreciation in ...
Firms in modern developed economies can choose to borrow from banks or from trade partners. Using fi...
In order to analyze current state of events in the world economy, parallel analysis with the country...
This dissertation uses both micro-level and macro-level empirical analysis to examine the role of fi...
The thesis focuses on the development of money and credit in euro area countries. Most central banks...
This thesis is composed of three empirical studies examining the relationship between credit creatio...
During the course of the 1980s three major 'anomalies' were observed in a number of countries, inclu...
Credit crunches, quantitative easing and especially international credit cycles are all monetary fac...
Towards a New Monetary Paradigm: A Quantity Theorem of Disaggregated Credit, with Evidence from Japa...
My dissertation seeks to better understand the unconventional monetary policies that the Federal Res...
This paper studies whether bank credit fuels asset prices. I show that I have an instrument for the ...
It is known that the BOJ\u27s Credit Rationing has been the most important measure to control the mo...
Episodes of rapid credit growth, especially credit booms, tend to end abruptly, typically in the for...
This paper empirically estimates the main determinants of bank credit growth during the 2008 financi...
This paper examines how over a period of more than ten years, Japan\u27s economy experienced prolong...
This paper assesses the relationship between money and credit and episodes of sharp depreciation in ...
Firms in modern developed economies can choose to borrow from banks or from trade partners. Using fi...