Our study examines the non-linear effect of economic policy uncertainty (EPU) on bank
lending, using bank-level panel data of 19 countries for the period 2006–2018. We find that …

With foreign ownership levels of the banking systems in Central, Eastern, and Southeastern
Europe (CESE) among the highest in the world, the degree of financial interlinkages among …

The purpose of this paper is to evaluate the effectiveness of two macroprudential policies in
Colombia: marginal reserve requirements and dynamic provisions. The first measure was …

В работе проводится анализ двух индикаторов долговой нагрузки: отношения
кредит/ВВП и коэффициента обслуживания долга. Для этого рассчитываются …

Purpose This paper aims to investigate the mutual dependence between housing prices and
housing credit in Estonia, a country that experienced rapid debt accumulation during the …

In this paper we investigate house price misalignments and how they affect the real
economy. We estimate the long-term relationship between house prices and the …

This paper assesses the status of financial development in Emerging Europe, analyzes the
factors that have shaped it, and discusses policy priorities. Financial development has …

El crédito bancario al sector privado como porcentaje del PBI ha crecido 9 por ciento en
América Latina entre 2004 y 2011. En términos reales, el crédito ha crecido incluso más de …

While earlier studies focus on credit booms in advanced and emerging market countries, this
paper examines the characteristics and determinants of credit booms in developing …

Under Basel III, banks are required to build up countercyclical capital buffers during periods
of excessive credit growth to cover future credit losses. Based on a review of the credit boom …