Cover Image
Read Now

Republic of Latvia Selected Issues

This Selected Issues paper seeks to determine the macroeconomic effects of credit growth in Latvia. To do so, the paper relies on two approaches. First, a vector autoregressive system consisting of domestic credit, real activity, inflation, and the current account is used to determine responses to a...

Full description

Bibliographic Details
Corporate Author: International Monetary Fund
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2005
Series:IMF Staff Country Reports
Subjects:
Finance, Public
Depository Institutions
Government And The Monetary System
Public Administration
Payment Systems
Credit
Consumer Credit
Banks
Finance
Short-term Capital Movements
Industries: Financial Services
Banks And Banking
Regimes
Monetary Economics
Current Account Adjustment
Monetary Policy, Central Banking, And The Supply Of Money And Credit: General
Micro Finance Institutions
Balance Of Payments
Exports And Imports
Mortgages
International Economics
Money
Domestic Credit
Standards
Accounting
Public Sector Accounting And Audits
Currencies
Monetary Systems
Banking
Financial Reporting, Financial Statements
Money And Monetary Policy
Current Account Deficits
Ireland
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:This Selected Issues paper seeks to determine the macroeconomic effects of credit growth in Latvia. To do so, the paper relies on two approaches. First, a vector autoregressive system consisting of domestic credit, real activity, inflation, and the current account is used to determine responses to a positive shock to credit growth. It also calibrates the IMF’s Global Fiscal Model to simulate the macroeconomic effects of Latvia’s financial integration with the European Union and developing financial system. The paper also discusses the balance sheet approach to macroprudential vulnerabilities in Latvia
Physical Description:32 pages
ISBN:9781451824568

Similar Items