Credit growth and bank soundness : fast and furious? /

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Bibliographic Details
Author / Creator:Igan, Deniz, author.
Imprint:[Washington, D.C.] : International Monetary Fund, ©2011.
Description:1 online resource (27 pages)
Language:English
Series:IMF working paper ; WP/11/278
IMF working paper ; WP/11/278.
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/12499819
Hidden Bibliographic Details
Other authors / contributors:Pinheiro, Marcelo de Albuquerque, 1974- author.
International Monetary Fund. Research Department, issuing body.
ISBN:1283553635
9781283553636
9781463967192
1463967195
Notes:At head of title: Research Department.
Title from PDF title page (IMF Web site, viewed December 6, 2011).
"December 2011."
Includes bibliographical references.
Summary:We examine the risks to bank soundness associated with credit booms in a large set of countries. Using bank-level data in 90 countries between 1995 and 2005, we analyze the relationship between credit growth and bank soundness taking into account the potential two-way causality. We find that, while sounder banks tend to grow faster at moderate-growth periods, credit growth becomes less dependent on soundness during booms. These findings shed some light on why credit booms are often associated with financial crises.
Other form:Print version: Igan, Deniz. Credit Growth and Bank Soundness: Fast and Furious? Washington : International Monetary Fund, ©2011 9781463925956