How Long to Read Rapid Credit Growth

By Selim Elekdag

How Long Does it Take to Read Rapid Credit Growth?

It takes the average reader and 43 minutes to read Rapid Credit Growth by Selim Elekdag

Assuming a reading speed of 250 words per minute. Learn more

Description

Episodes of rapid credit growth, especially credit booms, tend to end abruptly, typically in the form of financial crises. This paper presents the findings of a comprehensive event study focusing on 99 credit booms. Loose monetary policy stances seem to have contributed to the build-up of credit booms across both advanced and emerging economies. In particular, domestic policy rates were below trend during the pre-peak phase of credit booms and likely fuelled macroeconomic and financial imbalances. For emerging economies, while credit booms are associated with episodes of large capital inflows, international interest rates (a proxy for global liquidity) are virtually flat during these periods. Therefore, although external factors such as global liquidity conditions matter, and possibly increasingly so over time, domestic factors (especially monetary policy) also appear to be important drivers of real credit growth across emerging economies.

How long is Rapid Credit Growth?

Rapid Credit Growth by Selim Elekdag is 43 pages long, and a total of 10,879 words.

This makes it 15% the length of the average book. It also has 13% more words than the average book.

How Long Does it Take to Read Rapid Credit Growth Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 59 minutes to read Rapid Credit Growth aloud.

What Reading Level is Rapid Credit Growth?

Rapid Credit Growth is suitable for students ages 8 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Rapid Credit Growth?

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