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