Who Gets The Credit?: And Does It Matter?
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Main Authors: | , , , |
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Format: | Electronic eBook |
Language: | English |
Published: |
Washington, D.C
The World Bank
2008
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Subjects: | |
Links: | http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-4661 |
Item Description: | Weitere Ausgabe: Beck, Thorsten : Who Gets The Credit? |
Physical Description: | 1 Online-Ressource (41 Seiten) |
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100 | 1 | |a Beck, Thorsten |d 1967- |e Verfasser |0 (DE-588)128773197 |4 aut | |
245 | 1 | 0 | |a Who Gets The Credit? |b And Does It Matter? |c Beck, Thorsten |
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520 | 1 | |a While the theoretical and empirical finance literature has focused almost exclusively on enterprise credit, about half of credit extended by banks to the private sector in a sample of 45 developing and developed countries is to households. The share of household credit in total credit increases as countries grow richer and financial systems develop. Cross-country regressions, however, suggest a positive and significant impact on gross domestic product per capita growth only of enterprise but not household credit. These two findings together partly explain why previous studies have found a small or insignificant effect of finance on growth in high-income countries. In addition, countries with a lower share of manufacturing, a higher degree of urbanization, and more market-oriented financial systems have a higher share of household credit. It is thus mostly socio-economic trends that determine credit composition, while policies influencing banking market structure and regulatory policies are not robustly related to credit composition | |
534 | |c 2008 | ||
653 | |a Access to Finance | ||
653 | |a Bank | ||
653 | |a Bankruptcy and Resolution of Financial Distress | ||
653 | |a Banks | ||
653 | |a Banks and Banking Reform | ||
653 | |a Credit | ||
653 | |a Debt Markets | ||
653 | |a Economic Theory and Research | ||
653 | |a Enterprise | ||
653 | |a Enterprise credit | ||
653 | |a Finance | ||
653 | |a Finance and Financial Sector Development | ||
653 | |a Financial Intermediation | ||
653 | |a Financial systems | ||
653 | |a Household | ||
653 | |a Households | ||
653 | |a Macroeconomics and Economic Growth | ||
653 | |a Regulatory policies | ||
700 | 1 | |a Buyukkarabacak, Berrak |e Verfasser |4 aut | |
700 | 1 | |a Rioja, Felix K. |e Verfasser |0 (DE-588)171821041 |4 aut | |
700 | 1 | |a Valev, Neven T. |e Verfasser |0 (DE-588)171851242 |4 aut | |
776 | 0 | 8 | |i Reproduktion von |a Beck, Thorsten |t Who Gets The Credit? |d 2008 |
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author | Beck, Thorsten 1967- Buyukkarabacak, Berrak Rioja, Felix K. Valev, Neven T. |
author_GND | (DE-588)128773197 (DE-588)171821041 (DE-588)171851242 |
author_facet | Beck, Thorsten 1967- Buyukkarabacak, Berrak Rioja, Felix K. Valev, Neven T. |
author_role | aut aut aut aut |
author_sort | Beck, Thorsten 1967- |
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format | Electronic eBook |
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institution | BVB |
language | English |
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physical | 1 Online-Ressource (41 Seiten) |
psigel | ZDB-1-WBA |
publishDate | 2008 |
publishDateSearch | 2008 |
publishDateSort | 2008 |
publisher | The World Bank |
record_format | marc |
spellingShingle | Beck, Thorsten 1967- Buyukkarabacak, Berrak Rioja, Felix K. Valev, Neven T. Who Gets The Credit? And Does It Matter? |
title | Who Gets The Credit? And Does It Matter? |
title_auth | Who Gets The Credit? And Does It Matter? |
title_exact_search | Who Gets The Credit? And Does It Matter? |
title_full | Who Gets The Credit? And Does It Matter? Beck, Thorsten |
title_fullStr | Who Gets The Credit? And Does It Matter? Beck, Thorsten |
title_full_unstemmed | Who Gets The Credit? And Does It Matter? Beck, Thorsten |
title_short | Who Gets The Credit? |
title_sort | who gets the credit and does it matter |
title_sub | And Does It Matter? |
url | http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-4661 |
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