Journal Article
In search of the elusive credit view: testing for a credit channel in modern Great Britain
Abstract: An examination of the credit performance of the financial sector in the modern British economy, showing that problems in credit markets associated with debt and default/liquidation can disrupt the production of real financial services necessary to channel funds to efficient investment opportunities.
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Bibliographic Information
Provider: Federal Reserve Bank of Cleveland
Part of Series: Economic Review
Publication Date: 1990
Volume: 26
Issue: Q II
Pages: 16-28