Essays about: "credit booms"

Found 2 essays containing the words credit booms.

  1. 1. Government, Household and Corporate Debt - The Effect on Growth

    University essay from Lunds universitet/Nationalekonomiska institutionen

    Author : Josefin Kilman; [2016]
    Keywords : Public debt; private debt; corporate debt; household debt; credit booms; economic growth; capital stock; TFP; household consumption; financial crisis; Business and Economics;

    Abstract : According to Reinhart and Rogoff (2009), credit booms have been associated with financial instability and crisis for as long as 800 years. Notwithstanding, the debate on the sustainability of increased indebtedness in the world economy has regained importance, as trends for both public and private debt show rapid rises in the last three decades. READ MORE

  2. 2. Credit expansion – A study of the relation between bank lending and economic growth in Sweden

    University essay from Lunds universitet/Nationalekonomiska institutionen

    Author : Viktor Åkerström; [2015]
    Keywords : Bank lending; Economic growth; Financial stability; Granger causality test; Business and Economics;

    Abstract : A non-Granger causality test between bank lending and different economic performance measures represented by the real economy, real assets and the financial economy is conducted on Sweden. To capture for the effects of structural changes in the economy, a long period is analyzed (142 years) and two types of tests are made, one for the short- run and one for the long-run. READ MORE