OECD Economics Department Working Papers

A "Credit Crunch"?: The Recent Slowdown in Bank Lending and Its Implications for Monetary Policy

DOI:https://dx.doi.org/10.1787/657730454204

This paper examines the recent slowdown in bank lending that has affected several large OECD countries. The analysis begins with a description of the importance of bank credit in the financial systems of the countries considered. The origins of the lending slowdown are analysed - - including...



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