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Housing loans and domestic credit in the Baltic States and Poland: Structural breaks and macroeconomic determinants

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  • Hegerty Scott W.

    (Department of Economics, College of Arts and Sciences, Northeastern Illinois University, Chicago, USA)

Abstract

Aim/purpose – This study examines the time-series properties of home loans and domestic credit in Poland and the three Baltic countries, first in the univariate sense by identifying structural breaks in the series, and then using a multivariate model to identify the key drivers of loan growth.

Suggested Citation

  • Hegerty Scott W., 2020. "Housing loans and domestic credit in the Baltic States and Poland: Structural breaks and macroeconomic determinants," Journal of Economics and Management, Sciendo, vol. 42(4), pages 48-69, December.
    • Handle: RePEc:vrs:jecman:v:42:y:2020:i:4:p:48-69:n:5
    DOI: 10.22367/jem.2020.42.03
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    References listed on IDEAS

    as
    1. Sims, Christopher A, 1980. "Macroeconomics and Reality," Econometrica, Econometric Society, vol. 48(1), pages 1-48, January.
    2. Constantin-Marius Apostoaie & Stanislav Percic & Vasile Cocriş & Dan Chirleşan, 2014. "Research on the Credit Cycle and Business Cycle with a Focus on Ten States from Central, Eastern, and Southeastern Europe," Emerging Markets Finance and Trade, Taylor & Francis Journals, vol. 50(S4), pages 63-77.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Home lending; domestic credit; Poland; Baltics; time series;
    All these keywords.

    JEL classification:

    • E51 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Money Supply; Credit; Money Multipliers
    • C22 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes

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