Credit Growth and Economic Recovery in Europe After the Global Financial Crisis

Credit Growth and Economic Recovery in Europe After the Global Financial Crisis
Author :
Publisher : International Monetary Fund
Total Pages : 54
Release :
ISBN-10 : 9781484330210
ISBN-13 : 1484330218
Rating : 4/5 (218 Downloads)

Book Synopsis Credit Growth and Economic Recovery in Europe After the Global Financial Crisis by : Sergei Antoshin

Download or read book Credit Growth and Economic Recovery in Europe After the Global Financial Crisis written by Sergei Antoshin and published by International Monetary Fund. This book was released on 2017-11-17 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper reviews the empirical relationships between credit growth, economic recovery, and bank profitability in Europe after the global financial crisis (GFC). We find that the post-GFC recoveries in Europe have been weaker than previous recoveries, with the “double-dip” recessions in 2011–12 in many countries and the worldwide reach of the GFC explaining the underperformance. Bank lending has been subdued as well, but this appears to have only held back the recovery relatively moderately. A 10 percent increase in bank credit to the private sector is associated with a rise of 0.6–1 percent in real GDP and 2–21⁄2 percent in real private investment. These relationships have not changed significantly during and after the GFC. Loan quality, customer deposits, bank equity price index, and bank capital appear to be closely linked to bank lending. As expected, bank profitability is positively and significantly influenced by credit growth, but this relationship has weakened after the GFC.


Credit Growth and Economic Recovery in Europe After the Global Financial Crisis Related Books

The Global Economic Recovery 10 Years After the 2008 Financial Crisis
Language: en
Pages: 32
Authors: Ms.Wenjie Chen
Categories: Business & Economics
Type: BOOK - Published: 2019-04-26 - Publisher: International Monetary Fund

GET EBOOK

This paper takes stock of the global economic recovery a decade after the 2008 financial crisis. Output losses after the crisis appear to be persistent, irrespe
Credit Growth and Economic Recovery in Europe After the Global Financial Crisis
Language: en
Pages: 54
Authors: Sergei Antoshin
Categories: Business & Economics
Type: BOOK - Published: 2017-11-17 - Publisher: International Monetary Fund

GET EBOOK

This paper reviews the empirical relationships between credit growth, economic recovery, and bank profitability in Europe after the global financial crisis (GFC
Economic Crisis in Europe
Language: en
Pages: 0
Authors: Paul van den Noord
Categories: European Union countries
Type: BOOK - Published: 2011 - Publisher:

GET EBOOK

The European economy is emerging from its deepest recession since the 1930s. This volume, which brings together economic analysis from the European Commission s
The Financial Crisis Inquiry Report, Authorized Edition
Language: en
Pages: 578
Authors: United States. Financial Crisis Inquiry Commission
Categories: Business & Economics
Type: BOOK - Published: 2011-01-27 - Publisher: Public Affairs

GET EBOOK

Examines the causes of the financial crisis that began in 2008 and reveals the weaknesses found in financial regulation, excessive borrowing, and breaches in ac
World Economic Outlook, October 2018
Language: en
Pages: 215
Authors: International Monetary Fund. Research Dept.
Categories: Business & Economics
Type: BOOK - Published: 2018-10-09 - Publisher: International Monetary Fund

GET EBOOK

Global growth for 2018–19 is projected to remain steady at its 2017 level, but its pace is less vigorous than projected in April and it has become less balanc