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The impact of real estate, inequality and current account imbalances on credit intensity: a cross-country analysis

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dc.contributor.authorAsyraf Abdul Halim
dc.contributor.supervisorMohamed Ariff Abdul Kareem
dc.date.accessioned2017-04-27T11:05:09Z
dc.date.available2017-04-27T11:05:09Z
dc.date.issued2016
dc.description.abstractThis paper seeks to show empirical evidence on the relationship amongst excessive credit, real estate, inequality and current account imbalances by using the LSDVC estimator based on 10 countries with similar economic experiences between the years 2004 through 2012. The paper is motivated by the gap in the literature concerning this topic and the fact that there exists a myriad of previous works that demonstrate how the dominance of real estate, inequality and current account imbalances are natural side effects owing to economic growth in a country. Therefore, if a positive relationship is found to exist between excessive credit and the other three variables, then as an economy grow, the three variables would become more prominent and could subsequently result in an excessive level of credit in the economy which is found to have a strong direct link to financial crisis. The paper found a significant positive relationship amongst current account imbalance, inequality and excessive credit. Real estate is found to have a positive direct relationship, although the impact is too miniscule to be statistically significant. The findings could be used as an evidence for policy makers to undertake policies that address all three variable vis--vis their economic growth policies to mitigate the risks of future financial crises.en_US
dc.identifier.citationAbdul Halim, A. (2016). The impact of real estate, inequality and current account imbalances on credit intensity: a cross-country analysis (Master dissertation). INCEIF, Kuala Lumpur. Retrieved from https://ikr.inceif.org/handle/INCEIF/2370en_US
dc.identifier.urihttps://ikr.inceif.org/handle/INCEIF/2370
dc.languageEnglish
dc.language.isoengen_US
dc.publisherINCEIFen_US
dc.rights2016. INCEIF
dc.sourceGS
dc.subjectExcessive credit
dc.subjectInequality
dc.subjectReal estate
dc.subjectCurrent account imbalances
dc.subjectCredit-to-GDP gap
dc.subjectProject paper (MSc)
dc.titleThe impact of real estate, inequality and current account imbalances on credit intensity: a cross-country analysisen_US
dc.typeMasteren_US
dlc.maintopicIslamic economicsen_US
dspace.entity.typePublication
ikr.doctypeTheses
ikr.licenseAvailable in physical copy only (Call Number: t HD 75 A861)
ikr.topic.maintopicIslamic economicsen_US
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