Determinants of Long-Term versus Short-Term Bank Credit in EU Countries

This paper empirically examines the determinants of credit at different maturities across European Union countries during the last decade. The paper documents the lengthening of maturities since the early 2000s, and whether these patterns were driven by similar factors in advanced countries and in e...

Full description

Bibliographic Details
Main Author: Park, Haelim
Other Authors: Ruiz, Claudia, Tressel, Thierry
Format: eBook
Language:English
Published: Washington, D.C The World Bank 2015
Series:World Bank E-Library Archive
Online Access:
Collection: World Bank E-Library Archive - Collection details see MPG.ReNa
LEADER 01609nmm a2200253 u 4500
001 EB002104959
003 EBX01000000000000001245049
005 00000000000000.0
007 cr|||||||||||||||||||||
008 221013 ||| eng
100 1 |a Park, Haelim 
245 0 0 |a Determinants of Long-Term versus Short-Term Bank Credit in EU Countries  |h Elektronische Ressource  |c Park, Haelim 
260 |a Washington, D.C  |b The World Bank  |c 2015 
300 |a 47 p 
700 1 |a Ruiz, Claudia 
700 1 |a Park, Haelim 
700 1 |a Tressel, Thierry 
041 0 7 |a eng  |2 ISO 639-2 
989 |b WOBA  |a World Bank E-Library Archive 
490 0 |a World Bank E-Library Archive 
028 5 0 |a 10.1596/1813-9450-7436 
856 4 0 |u http://elibrary.worldbank.org/doi/book/10.1596/1813-9450-7436  |x Verlag  |3 Volltext 
082 0 |a 330 
520 |a This paper empirically examines the determinants of credit at different maturities across European Union countries during the last decade. The paper documents the lengthening of maturities since the early 2000s, and whether these patterns were driven by similar factors in advanced countries and in emerging market countries. Before the 2008 crisis, long-term credit expanded faster than short-term credit in most countries in the sample, and contracted less than short-term credit after 2008. The paper finds that domestic deposits and foreign liabilities were more important sources of funding in emerging market countries than in advanced countries. Moreover, trade openness and initial banking sector depth matter more for emerging market countries than for advanced countries