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Beschreibung
Master's Thesis from the year 2010 in the subject Economics - Macro-economics, general, grade: A-, Central European University Budapest, language: English, abstract: This thesis investigates a credit boom in Azerbaijan in 2008 year. I also employ VECM to my model to figure out long-run and short-run dynamics and equilibrium level of credit. This paper also studies macroeconomic implications of high credit expansion. The study shows that credit boom creates non-trivial risk for macro aggregates and is followed by financial crisis in the economy.
Details
| Verlag | GRIN Verlag |
| Ersterscheinung | 19. August 2010 |
| Maße | 21 cm x 14.8 cm x 0.5 cm |
| Gewicht | 101 Gramm |
| Format | Softcover |
| ISBN-13 | 9783640678105 |
| Auflage | 5. Auflage |
| Seiten | 60 |
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