Delayed Credit Recovery in Croatia: Supply or Demand Driven?

In order to enhance the understanding of credit cycle dynamics in Croatia, we explore the evolution of credit demand and credit supply of corporates and households in Croatia and identify their determinants based on the switching regression framework. These results are crosschecked by the insights f...

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Bibliographic Details
Main Authors: Dumičić Mirna, Ljubaj Igor
Format: Article
Language:English
Published: Sciendo 2018-01-01
Series:Journal of Central Banking Theory and Practice
Subjects:
Online Access:https://doi.org/10.2478/jcbtp-2018-0006