کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
5083180 1477795 2017 14 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Catching up or drifting apart: Convergence of household and business credit in Europe
ترجمه فارسی عنوان
از بین رفتن یا ریزش از هم جدا: همگرایی اعتبار خانوار و کسب و کار در اروپا
موضوعات مرتبط
علوم انسانی و اجتماعی اقتصاد، اقتصادسنجی و امور مالی اقتصاد و اقتصادسنجی
چکیده انگلیسی


- We study household and business credit convergence in Europe.
- Convergence is stronger in transition economies.
- Convergence is associated mostly with household credit.
- Convergence only in household credit may limit the benefits of financial convergence.

We provide evidence for convergence in the levels of household and business credit across European countries. The process is particularly strong for the transition countries that have a low initial level of private credit and are catching up with Western Europe. However, the convergence is associated mostly with household credit, including housing loans and consumer credit, which may limit its benefits for economic growth.

ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: International Review of Economics & Finance - Volume 47, January 2017, Pages 101-114
نویسندگان
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