1 option
Financial Inclusion, Credit Booms, and Financial Stability Risk / Adolfo Barajas, Kensuke Sakamoto, Rasool Zandvakil.
- Format:
- Book
- Government document
- Author/Creator:
- Barajas, Adolfo.
- Series:
- IMF Working Papers; Working Paper ; No. 2026/008
- IMF Working Papers
- Language:
- English
- Physical Description:
- 1 online resource (45 pages)
- Place of Publication:
- Washington, D.C. : International Monetary Fund, 2026.
- Summary:
- Economic benefits of financial inclusion, meaning a broadening access of the population to financial services, have been studied extensively, but less is known about its potential effects on financial stability. We explore the complementarity between credit booms and episodes of rapid expansion of the borrower base, or “credit inclusion,” and find that the confluence of both helps to predict future financial distress. Rapid credit inclusion on its own does not usually portend future instability, but it is much more likely to do so when combined with a credit boom. These results can help to enhance the policymaker’s early warning toolbox.
- Notes:
- Description based on print version record.
- ISBN:
- 979-82-290-3610-8
The Penn Libraries is committed to describing library materials using current, accurate, and responsible language. If you discover outdated or inaccurate language, please fill out this feedback form to report it and suggest alternative language.