Since the global financial crisis in 2008, there has been an elevated interest private debt and as a macroeconomic variable. In light of lack high-frequency data, this study presents unique monthly time series dataset on credit from deposits Swedish commercial banks 1875 to 2020, covering 1,752 observations most banking history. first application, examines what extent money Sweden exogenous, cr...

Models abound that analyze changes in credit quality. These models are designed to determine the reserves and capital needed to support the risks of individual credits as well as portfolios of credit instruments. Historical information on the transition of credit exposures from one quality level, or rating, to another is often used to estimate models that describe the probabilistic evolution of...

The international financial system has grown and evolved immensely over the past two decades. In the late 1950's the Eurocurrency market was only beginning to emerge, for all practical purposes there was no Eurobond market, and extensions of commercial credits were limited to the old commercial banking function of short term trade financing. All of that has changed. Total deposits in the Eurodo...

This paper demonstrates how the behavior of credit markets in a transition-like environment can be a function of the market structure in the commercial lending sector that was inherited from the pre-reform economy. Using a game theoretic model, we investigate one possible explanation for how a more crowded banking sector can diminish the scale of commercial lending in a market in which informat...