IMF paper: capital inflows work differently on credit for households and firms
Highly detailed dataset examines capital inflows’ effect on credit
Adopting a ‘one size fits all' approach to capital inflows may be erroneous, since they have different effects on credit growth in the household and corporate sectors, a working paper published by the International Monetary Fund this month argues.
In Capital inflows, credit growth and financial systems, Deniz Igan and Zhibo Tan present a highly granular dataset analysing capital inflows and credit growth for 33 countries between 1983 and 2011.
While non-foreign direct investment capital inflows
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