Have a personal or library account? Click to login

Determinants of Credit Growth in Selected Central and Eastern European Countries

Open Access
|Jul 2025

References

  1. Auerbach, A.J., Gorodnichenko, Y., & Murphy, D. (2020). Effects of Fiscal Policy on Credit Markets. AEA Papers and Proceedings, 110, 119-124.
  2. Bird, A., Karolyi, S.A., Lewellen, S., & Ruchti, T. (2022). The Credit Channel of Fiscal Policy Transmission. Working Paper SSRN.
  3. Cuciniello V., & di Iasio, N. (2020). Determinants of the Credit Cycle: A Flow Analysis of the Extensive Margin. European Central Bank Working Paper Series, 2445.
  4. Dettling, L.J., & Hsu, J.W. (2021). Minimum Wages and Consumer Credit: Effects on Access and Borrowing. The Review of Financial Studies, 34(5), 2549-2579.
  5. Dumičić M., & Ljubaj, I. (2018). Delayed Credit Recovery in Croatia: Supply or Demand Driven? Journal of Central Banking Theory and Practice, 7(1), 121-144.
  6. Égert, B., Backé, P., & Zumer, T. (2006). Credit Growth in Central and Eastern Europe: New (Over)Shooting Stars? European Central Bank Working Paper Series, 687.
  7. Elekdag, S., & Han, F. (2015). What Drives Credit Growth in Emerging Asia? Journal of Asian Economics, 38, 1-13.
  8. Gabeshi, K. (2020). Analysis of Credit Growth Determinants in the European Countries. Ovidius University Annals Economic Sciences Series, 20(2), 38-43.
  9. Gozgor, G. (2014). Determinants of Domestic Credit Levels in Emerging Markets: The Role of External Factors. Emerging Markets Review, 18, 1-18.
  10. Jones, C., & Rabanal, P. (2021). Credit Cycles, Fiscal Policy, and Global Imbalances. IMF WP/21/43.
  11. Jora, O.D. (2013). Avataruri ale corporației multinaționale. Exercițiu de analiză proprietariană. ASE Publishing House. Bucharest
  12. Mendoza, E.G., & Terrones, M.E. (2012). An Anatomy of Credits Booms and their Demise. NBER WP 18379.
  13. Soederhuizen, B., Teulings, R., & Luginbuhl, R. (2023). Estimating the Impact of the Financial Cycle on Fiscal Policy. Empirical Economics, 65, 2669–2709.
  14. Țâțu, L., Stoian, A.M., Vintilă, N., Lazăr, P., & Miricescu, E.C. (2023). The Hidden Effects of The Flat Tax Rate in Central and Eastern European Countries. Economic Computation and Economic Cybernetics Studies and Research, 57(3), 43-58.
Language: English
Page range: 2911 - 2919
Published on: Jul 24, 2025
Published by: Bucharest University of Economic Studies
In partnership with: Paradigm Publishing Services
Publication frequency: 1 issue per year

© 2025 Rodica Gherghina, Emilia-Mioara Câmpeanu, Georgiana-Camelia Georgescu, Robert-Adrian Grecu, published by Bucharest University of Economic Studies
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.