Series: IMF Working Papers
Author(s): Sergei Antoshin , Marco Arena , Nikolay Gueorguiev , Tonny Lybek , John Ralyea , and Etienne Yehoue
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 17 November 2017
Keywords: Financial crises, Europe, Economic recovery, credit growth, creditless recoveries, bank profitability, global financial crisis, Models with Panel Data, Single Equation Models, Single Variables
This paper reviews the empirical relationships between credit growth, economic recovery, and bank profitability in Europe after the global financial crisis (GFC). We find that the post-GFC recoveries in Europe have...