Browsing Documentos de Investigación 2011 by Subject "Financial Fragility"
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Crédito, Exceso de Toma de Riesgo, Costo del Crédito y Ciclo Económico en Chile.
(Universidad Alberto Hurtado. Facultad de Economía y Negocios, 2011)This paper studies the interaction between the business cycle and the credit market. A first result is that the business cycle has procyclical effects on different types of credit (i.e., consumer, commercial and mortgage ...