05553oam 22012134 450 991096062100332120250426110533.097866128417059781462378999146237899497814518707701451870779978145199434614519943469781282841703128284170X(CKB)3170000000055120(SSID)ssj0000943975(PQKBManifestationID)11503315(PQKBTitleCode)TC0000943975(PQKBWorkID)10983284(PQKB)11253269(OCoLC)320775463(IMF)WPIEE2008219(MiAaPQ)EBC1605854(IMF)WPIEA2008219WPIEA2008219(EXLCZ)99317000000005512020020129d2008 uf 0engurcnu||||||||txtccrAre Weak Banks Leading Credit Booms? Evidence from Emerging Europe /Deniz Igan, Natalia Tamirisa1st ed.Washington, D.C. :International Monetary Fund,2008.1 online resource (23 pages) illustrations, tablesIMF Working PapersIMF working paper ;WP/08/219Bibliographic Level Mode of Issuance: Monograph9781451915303 1451915306 Includes bibliographical references.Intro -- Contents -- I. Introduction -- II. Modeling How Bank Soundness Affects Credit Growth -- A. Empirical Model -- B. Estimation Method -- C. Data -- III. Are Weak Banks Driving Credit Expansions? -- A. Main Results and Their Robustness -- B. What is Driving the Results? -- IV. Concluding Remarks -- References -- Tables -- 1. Sample Coverage -- 2. Summary Statistics by Period and Region -- 3. Simultaneous Modeling of Bank Credit Growth and Distance to Default -- 4. Credit Growth in Weak Banks -- 5. Differences in Bank Credit Growth in the Baltics and Other Central and Eastern European Countries -- 6. Differences in Credit Growth in Banks with High Exposures to Foreign-Currency Lending and Household Lending -- Appendix -- I. Data Sources and Methodology.This paper examines the behavior of bank soundness indicators during episodes of brisk loan growth, using bank-level data for central and eastern Europe and controlling for the feedback effect of credit growth on bank soundness. No evidence is found that rapid loan expansion has weakened banks during the last decade, but over time weaker banks seem to have started to expand at least as fast as, and in some markets faster than, stronger banks. These findings suggest that during credit booms supervisors need to carefully monitor the soundness of rapidly expanding banks and stand ready to take action to limit the expansion of weak banks.IMF Working Papers; Working Paper ;No. 2008/219Banks and bankingState supervisionEurope, CentralEconometric modelsBanks and bankingState supervisionEurope, EasternEconometric modelsCreditEurope, CentralEconometric modelsCreditEurope, EasternEconometric modelsBank creditimfBank soundnessimfBankingimfBanks and BankingimfBanks and bankingimfBanksimfCreditimfDepository InstitutionsimfDistressed institutionsimfFinanceimfFinance: GeneralimfFinancial Institutions and Services: GeneralimfFinancial services industryimfGeneral Financial Markets: Government Policy and RegulationimfIndustries: Financial ServicesimfMicro Finance InstitutionsimfMonetary economicsimfMonetary Policy, Central Banking, and the Supply of Money and Credit: GeneralimfMoney and Monetary PolicyimfMortgagesimfCzech RepublicimfBanks and bankingState supervisionEconometric models.Banks and bankingState supervisionEconometric models.CreditEconometric models.CreditEconometric models.Bank creditBank soundnessBankingBanks and BankingBanks and bankingBanksCreditDepository InstitutionsDistressed institutionsFinanceFinance: GeneralFinancial Institutions and Services: GeneralFinancial services industryGeneral Financial Markets: Government Policy and RegulationIndustries: Financial ServicesMicro Finance InstitutionsMonetary economicsMonetary Policy, Central Banking, and the Supply of Money and Credit: GeneralMoney and Monetary PolicyMortgages332.1Igan Deniz1099130Tamirisa Natalia1098414DcWaIMFBOOK9910960621003321Are Weak Banks Leading Credit Booms? Evidence from Emerging Europe4372049UNINA