The credit channel of the transmission mechanism in the Republic of Croatia
by Marijana Ivanov, Vladimir Cavrak
International Journal of Entrepreneurship and Small Business (IJESB), Vol. 2, No. 3, 2005

Abstract: The influence of monetary trends on real movements is manifested through several channels of transmission mechanism. This paper analyses the functioning of the credit channel and the distribution of commercial banks loans to different sectors in the Republic of Croatia. The analysis shows quite clearly how much more banks prefer to grant credits to households than they do to business sector. Implications of these monetary-credit flows on economic activity in the Republic of Croatia can be observed on the strong growth of personal consumption component of the GDP as well as on growth of imports of goods and services.

Online publication date: Fri, 29-Apr-2005

The full text of this article is only available to individual subscribers or to users at subscribing institutions.

 
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.

Pay per view:
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.

Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Entrepreneurship and Small Business (IJESB):
Login with your Inderscience username and password:

Username:        Password:          Forgotten your password?

Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.

If you still need assistance, please email subs@inderscience.com