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Credit Monitoring in the USA and EU Countries

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  • Kadish, Peter

Abstract

In order to analyze current state of events in the world economy, parallel analysis with the country that has gone through boom cycle in real estate and financial asset prices (as US did during the last decade) and sudden consequential bust in mid 70s and late 80s (USA 2007), namely Japan, is performed. The definition and role of money in the economy in its various forms from narrow to the most broad credit aggregates and interrelations between central bank policy and growth of credit is discussed.

Suggested Citation

  • Kadish, Peter, 2010. "Credit Monitoring in the USA and EU Countries," MPRA Paper 24360, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:24360
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    File URL: https://mpra.ub.uni-muenchen.de/24388/1/MPRA_paper_24388.pdf
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    References listed on IDEAS

    as
    1. Ben S. Bernanke & Mark Gertler, 1995. "Inside the Black Box: The Credit Channel of Monetary Policy Transmission," Journal of Economic Perspectives, American Economic Association, vol. 9(4), pages 27-48, Fall.
    2. Friedman, Benjamin M. & Kuttner, Kenneth N., 2010. "Implementation of Monetary Policy: How Do Central Banks Set Interest Rates?," Handbook of Monetary Economics, in: Benjamin M. Friedman & Michael Woodford (ed.), Handbook of Monetary Economics, edition 1, volume 3, chapter 24, pages 1345-1438, Elsevier.
    3. Richard Werner, 2004. "Why has Fiscal Policy Disappointed in Japan?," Money Macro and Finance (MMF) Research Group Conference 2004 9, Money Macro and Finance Research Group.
    4. Bezemer, Dirk J, 2009. "Disaggregated Credit Flows and Growth in Central Europe," MPRA Paper 15896, University Library of Munich, Germany.
    5. Bezemer, Dirk J & Werner, Richard A, 2009. "Disaggregated Credit Flows and Growth in Central Europe," MPRA Paper 17456, University Library of Munich, Germany.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Credit; Monetary Policy; Monetary Aggregates; Money Supply; Deflation;
    All these keywords.

    JEL classification:

    • E51 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Money Supply; Credit; Money Multipliers
    • E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
    • E50 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - General
    • E40 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - General

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