Przeglądaj KAE Working Papers według autora "Albinowski, Maciej"
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The role of fractional-reserve banking in amplifying credit booms: evidence from panel data
Albinowski, Maciej (2017-03)I use panel data on 20 countries to analyze the links between savings (defined as time deposits and savings accounts) and credit extended by banks. Credit growth is not related to prior changes in savings, at least not in ...