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2017 | OriginalPaper | Chapter

13. Credit Growth Threshold and the Nonlinear Transmission of Credit Shocks

Authors : Nombulelo Gumata, Eliphas Ndou

Published in: Bank Credit Extension and Real Economic Activity in South Africa

Publisher: Springer International Publishing

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Abstract

• The growth rate at which the credit growth rate threshold occurs
• The credit regimes and their non-linear and asymmetric effects in transmitting shocks
• The threshold effects on the pace and magnitudes of the policy rate adjustments in curbing inflationary pressures
• The asymmetric effects of the threshold on inflation shocks and economic growth
• Consideration of nonlinearity effects induced by the thresholds and by policy

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previous chapter Credit Supply Shocks and Real Economic Activity

next chapter Credit Regimes and Balance Sheet Effects

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Title: Credit Growth Threshold and the Nonlinear Transmission of Credit Shocks
Authors: Nombulelo Gumata
Eliphas Ndou
Publisher: Springer International Publishing
Book: Bank Credit Extension and Real Economic Activity in South Africa
Print ISBN: 978-3-319-43550-3

Electronic ISBN: 978-3-319-43551-0

Copyright Year: 2017
DOI: https://doi.org/10.1007/978-3-319-43551-0_13