A note about the growth of private sector credit in Peru
Por Orrego, Fabrizio
January 2009
Idioma: Spanish
Keywords
- credit booms
- monetary policy
Clasificación JEL:
- E51
- E52
Resumen:
We identify "credit boom" episodes in Peru, that is, periods in which bank credit to firms and households increases beyond what is considered normal over a typical business cycle expansion. In particular, the results suggest that the recent credit growth is solid, and there is not sufficient evidence of a credit boom.