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
Englisch

Erschienen in
Series: CBM Working Papers ; No. WP/04/2015

Klassifikation
Wirtschaft
Money Supply; Credit; Money Multipliers
Financial Economics: General

Ereignis
Geistige Schöpfung
(wer)
Micallef, Brian
Ereignis
Veröffentlichung
(wer)
Central Bank of Malta
(wo)
Valletta
(wann)
2015

Handle
Letzte Aktualisierung
10.03.2025, 11:44 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Micallef, Brian
  • Central Bank of Malta

Entstanden

  • 2015

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