Abstract
This paper investigates how business cycle volatility affects internal and external funding sources of banks. It argues that excessive credit growth, credit cycles, and bank failures are phenomena related to distinct patterns of banks’ financing options over the cycle.
Original language | English |
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Pages (from-to) | 229-231 |
Number of pages | 3 |
Journal | Economics Letters |
Volume | 120 |
Issue number | 2 |
DOIs | |
Publication status | Published - 2013 |