000			02233cam a22004094a 4500
001			7436
003			The World Bank
005			20181114094118.0
006			m d
007			cr cn|||||||||
008			020129s2015 dcu o i00 0 eng
024	8		_a10.1596/1813-9450-7436
035			_a(The World Bank)7436
100	1		_aPark, Haelim
245	1	0	_aDeterminants of Long-Term versus Short-Term Bank Credit in EU Countries _h[electronic resource] / _cPark, Haelim.
260			_aWashington, D.C. : _bThe World Bank, _c2015.
300			_a1 online resource (47 p.)
520	3		_aThis paper empirically examines the determinants of credit at different maturities across European Union countries during the last decade. The paper documents the lengthening of maturities since the early 2000s, and whether these patterns were driven by similar factors in advanced countries and in emerging market countries. Before the 2008 crisis, long-term credit expanded faster than short-term credit in most countries in the sample, and contracted less than short-term credit after 2008. The paper finds that domestic deposits and foreign liabilities were more important sources of funding in emerging market countries than in advanced countries. Moreover, trade openness and initial banking sector depth matter more for emerging market countries than for advanced countries.
650		4	_aAccess to finance
650		4	_aAdvanced economies
650		4	_aBank credit
650		4	_aBankruptcy and resolution of financial distress
650		4	_aBanks and banking reform
650		4	_aCredit maturity
650		4	_aDebt markets
650		4	_aEconomic theory & research
650		4	_aEmerging markets
650		4	_aEu countries
650		4	_aFinance and financial sector development
650		4	_aMacroeconomics and economic growth
700	1		_aPark, Haelim
700	1		_aRuiz, Claudia
700	1		_aTressel, Thierry
776	1	8	_aPrint Version: _iPark, Haelim _tDeterminants of Long-Term versus Short-Term Bank Credit in EU Countries _dWashington, D.C. : The World Bank, 2015
830		0	_aPolicy research working papers.
830		0	_aWorld Bank e-Library.
856	4	0	_uhttp://elibrary.worldbank.org/doi/book/10.1596/1813-9450-7436
999			_c28293 _d28293