Credit Contraction Causes and Effects: The Czech Republic

Mojmír Hampl and Roman Matousek
Additional contact information
Mojmír Hampl: Czech National Bank and Economics University, Prague, Czech Republic
Roman Matousek: Czech National Bank and Charles University's Institute of Economic Studies, Prague and Business School Karvina of Silesian University, Czech Republic

Zagreb International Review of Economics and Business, 2002, vol. 5, issue 1, 45-68

Abstract: Between 1997 and 1999, the Czech economy had undergone a fundamental shift in its lending practices. This particular development is most often referred to as a credit crunch. Nevertheless, owing to the unique nature of this credit phenomenon in the relatively short history of the Czech economy, defining and applying this term to Czech conditions has caused a number of complications. The paper deals the said issue.

Keywords: credit crunch; credit rationing; macroeconomic environment; Ponzi finance (search for similar items in EconPapers)
JEL-codes: E51 P34 (search for similar items in EconPapers)
Date: 2002
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.efzg.hr/default.aspx?id=2692 (text/html)
Abstract only available on-line

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:zag:zirebs:v:5:y:2002:i:1:p:45-68

Ordering information: This journal article can be ordered from
Zagreb International Review of Economics and Business, Faculty of Economics and Business, Trg J. F. Kennedy 6, 10000 Zagreb, Croatia.
http://www.efzg.hr/default.aspx?id=6045

Access Statistics for this article

Zagreb International Review of Economics and Business is currently edited by Soumitra Sharma

More articles in Zagreb International Review of Economics and Business from Faculty of Economics and Business, University of Zagreb Contact information at EDIRC.
Bibliographic data for series maintained by Jurica Šimurina ( this e-mail address is bad, please contact ).