Global ETD Search
Search theses and dissertations gathered from participating repositories worldwide. Every result links back to the library that holds it. No account is needed.
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Showing 1 to 10 of 10 for “"Credit Expansion"”.
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Analysis of credit expansion in South Africa
… strong relationships between economic growth and credit expansion. The paper analyses the factors driving credit growth in South Africa. It shows the strong income effect on the credit level in South Africa while the changes in interest rates do negatively affect home loans but have less effect on …
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Fractional reserve banking: The genesis of macro-instability
… works of Mises, Hayek and Rothbard), consider credit expansion to be the genesis of macro-economic instability; This study applies Austrian interest, capital and business cycle theory to challenge the widely held assumption that our present economic system is fundamentally sound. Using a …
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An early warning indicatοrs fοr cyclical systemic risk crοss cοuntry analysis /
… forecasts method and analysis of quarterly the Credit-to-GDP ratio gap as main indicator that could signal of systemic risk in countries during the periods of credit expansion. Research reveals, all twenty countries are homogenous and one-sided Hodrick-Prescott filter augmented with random walk …
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Quantifying the Effects of Sentiment and Expectations on the United States Credit Growth
… of sentiment and expectations in predicting U.S. credit growth, drawing upon insights from behavioral finance and macroeconomic forecasting. While traditional economic theories emphasize fundamental determinants of credit expansion, growing evidence suggests that psychological biases, investor …
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Essays in Consumer and Small Business Finance
… securitization are commonly believed to fuel the credit expansion before the financial crisis. The first two chapters contribute to these discussions by investigating the bank-lending channel through which housing shocks and mortgage securitization affect credit access of consumers and small …
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The Relationship Between Capital Inflow Surges and Stock Price Booms in Emerging Countries
… excessive capital inflows have led to domestic credit booms and asset price bubbles. There is little doubt that on average, capital inflow surges are likely to increase stock prices. But if these effects are mild, then they are unlikely to prove disruptive. Of much greater concern is when …
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Three essays on banking
… on the aspects of the effects of bank-level credit boom on bank performance and the effectiveness of market discipline in an emerging market, where I compare empirical results between small and large banks. The first essay demonstrates the effects of credit expansion on bank performance. By …
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The impact of remittances on the monetary transmission mechanism in low-income countries
… investigates the effects of remittances on bank credit and exchange rate channels, using a panel Structural Vector Autoregression (SVAR) to investigate how remittances affect these intermediate monetary transmission channels. The estimated impulse responses (IRs) of bank credit and exchange rates …
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Personal Bankruptcy Systems in the EU – Measuring Leniency
… the Second World War, there has been a massive credit expansion to consumers, also in Europe. With increased credit to consumers comes inevitably increased risk of a negative credit event, in many cases due to change of life events, such as loss of job, sickness, divorce, and death of an income …
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Essays on international capital flows and macroeconomic stability
… capital flows. Capital flows may in turn cause expansion of credit and leverage in the recipient economy. This PhD thesis contributes to our understanding of the transmission channel from global risk factors to domestic credit and saving. We estimate the time varying effects of risk on portfolio …