Arbeitspapier
Estimating a credit gap for non-financial corporations in Malta
This paper documents two approaches that are used to estimate a credit gap, defined as the difference between actual developments in credit to non-financial corporations (NFCs) in Malta and a hypothetical path that would have been realised had the past historical relationships over the period 1995-2011 were to be maintained over the period 2012-2014. Both methods suggest that a credit gap emerged in 2012, which widened significantly in 2013 and 2014. As at 2014Q3, the credit gap is estimated between €680 and €830 million. In addition, the two approaches indicate that the credit gap will widen further over 2015-2016.
- Language
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Englisch
- Bibliographic citation
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Series: CBM Working Papers ; No. WP/04/2015
- Classification
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Wirtschaft
Money Supply; Credit; Money Multipliers
Financial Economics: General
- Event
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Geistige Schöpfung
- (who)
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Micallef, Brian
- Event
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Veröffentlichung
- (who)
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Central Bank of Malta
- (where)
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Valletta
- (when)
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2015
- Handle
- Last update
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10.03.2025, 11:44 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Micallef, Brian
- Central Bank of Malta
Time of origin
- 2015
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