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.
- Sprache
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Englisch
- Erschienen in
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Series: CBM Working Papers ; No. WP/04/2015
- Klassifikation
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Wirtschaft
Money Supply; Credit; Money Multipliers
Financial Economics: General
- Ereignis
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Geistige Schöpfung
- (wer)
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Micallef, Brian
- Ereignis
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Veröffentlichung
- (wer)
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Central Bank of Malta
- (wo)
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Valletta
- (wann)
-
2015
- Handle
- Letzte Aktualisierung
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10.03.2025, 11:44 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Micallef, Brian
- Central Bank of Malta
Entstanden
- 2015