Business Cycles, Bank Credit and Crises
Posted: 28 Apr 2013 Last revised: 22 May 2013
Date Written: April 19, 2013
This paper investigates how business cycle volatility affects internal and external funding sources of banks. It argues that excessive credit growth, credit cycles, and bank failures are phenomena related to distinct patterns of banks' financing options over the cycle.
Keywords: bank lending, banking crisis, credit crunch, cyclicality
JEL Classification: G01, G21, E32
Suggested Citation: Suggested Citation