Kadish, Peter (2010): Credit Monitoring in the USA and EU Countries.
Download (507kB) | Preview
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.
|Item Type:||MPRA Paper|
|Original Title:||Credit Monitoring in the USA and EU Countries|
|Keywords:||Credit; Monetary Policy; Monetary Aggregates; Money Supply; Deflation|
|Subjects:||E - Macroeconomics and Monetary Economics > E5 - Monetary Policy, Central Banking, and the Supply of Money and Credit > E51 - Money Supply ; Credit ; Money Multipliers
E - Macroeconomics and Monetary Economics > E5 - Monetary Policy, Central Banking, and the Supply of Money and Credit > E52 - Monetary Policy
E - Macroeconomics and Monetary Economics > E5 - Monetary Policy, Central Banking, and the Supply of Money and Credit > E50 - General
E - Macroeconomics and Monetary Economics > E4 - Money and Interest Rates > E40 - General
|Depositing User:||Unnamed user with email email@example.com|
|Date Deposited:||12. Aug 2010 10:20|
|Last Modified:||31. Dec 2015 02:09|
Bernanke, Ben; Blinder, Alan. Credit, Money, and Aggregate Demand, NBER, 1998.
Bernanke, Ben; Gertler Mark, Inside the black box: the credit channel of monetary policy transmission, 1995, Journal of Economic Perspectives.
Bezemer, Dirk J and Werner, RA (2009): Disaggregated Credit Flows and Growth in Central Europe.
Cull Robert, Soledad María, Pería Martínez (2007): Foreign Bank Participation and Crises in Developing Countries
Gianneti, M. and Ongena, S., 2005. “Financial Integration and Entrepreneurial Activity: Evidence from Foreign Bank Entry in Emerging Markets.” ECB Working Paper No. 498 (June).
Friedan M. Benjamin, Kenneth N. Kuttner. Implementation of monetary policy: how do central banks set interest rates? 2010
Voutsinas Konstantinos, A. Werner. Richard New evidence of Quantitative Easing and accountability of the central bank of Japan,2010.
Werner A. Richard. A comparative study of Selected 20th Century Banking Crisis in Japan and Implication for Theory and Policy. University of Southampton, 2009.
Werner A. Richard. Why has fiscal policy disappointed in Japan? Reinvesting the Pre-Keynesian View on the Ineffectiveness of Fiscal Policy, University of Southampton, 2004.
Werner A. Richard. Princes of the Yen, An East Gate Book, 2003
Woo Jaejoon and Manmohan S. Kumar, 2010, Public Debt and Growth, IMF Working Paper
Wu Ji, Luca C. Alina and Jeon N. Bang (2007): Transmission of Monetary Policy via Domestic and Foreign Banksin Emerging Economies: Evidence from Bank-level DataDepartment of Economics & International Business, LeBow College of Business,Drexel University, Philadelphia PA, USA
Available Versions of this Item
- Credit Monitoring in the USA and EU Countries. (deposited 12. Aug 2010 10:20) [Currently Displayed]