This paper investigates the link between credit cycles and banking crises in order...should
carefully identify the nature of credit growth before taxing banks in...
is to create additional capital in the periods of increasing cyclical risks in order...filters contrasting the long-term credit activity with the economic activity in...
In order to prevent foreign
exchange interventions from reducing kuna liquidity...large, and
CNB included a wide range of counterparties in the
purchase in...
of which fraudulent credit transfers by origin:
5a
Issuance of a payment order...PN
5a
Manipulation of the payer by the
fraudster to issue a payment
...
Dissimilar cycles might require country-specific policies in
order to cope with...Both measures are shown as moving averages over the
last 40 quarters in...
Slovakia, Malta, Cyprus and
Slovenia can be seen getting their fiscal houses in order...financial shock to one member—the monetary authority may have to
intervene in...
the tb trend line until 2003, when they diverge
Series means are adjusted in order...domestic price level (CPI)
rer increase=appreciation
Johansen’s approach used in...
