Rashad Karimov

Rapid Credit Growth in Azerbaijan: Convergence or Boom? Macroeconomic Implications of Fast Credit Expansion (eBook, ePUB)

• Format: ePub

Produktbeschreibung

Master's Thesis from the year 2010 in the subject Economics - Macro-economics, general, grade: A-, Central European University Budapest, language: English, abstract: This thesis investigates a credit boom in Azerbaijan in 2008 year. I also employ VECM to my model to figure out long-run and short-run dynamics and equilibrium level of credit. This paper also studies macroeconomic implications of high credit expansion. The study shows that credit boom creates non-trivial risk for macro aggregates and is followed by financial crisis in the economy.

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Produktdetails

• Verlag: GRIN Verlag
• Seitenzahl: 56
• Erscheinungstermin: 10. August 2010
• Englisch
• ISBN-13: 9783640678174
• Artikelnr.: 51204847