Research Discussion Paper – RDP 2012-02 The Role of Credit Supply in the Australian Economy
May 2012 – ISSN 1320-7229 (Print), ISSN 1448-5109 (Online)
- Abstract
- Download the Paper 817KB
Contents
- Introduction
- Credit Frictions in Theory
- A Proxy for Credit Frictions
- Modelling the Role of Credit Frictions in the Australian Economy
- Results
- Robustness
- Conclusion
- Appendix A: Data Sources and Definitions
- References
The Discussion Paper series is intended to make the results of the current economic research within the Reserve Bank available to other economists. Its aim is to present preliminary results of research so as to encourage discussion and comment. Views expressed in this paper are those of the authors and not necessarily those of the Reserve Bank. Use of any results from this paper should clearly attribute the work to the authors and not to the Reserve Bank of Australia.
The contents of this publication shall not be reproduced, sold or distributed without the prior consent of the Reserve Bank of Australia.
We would like to thank James Hansen, Jonathan Kearns, Christopher Kent, Gianni La Cava, Christine Lewis and Adrian Pagan for helpful comments and discussions.