## Figure 2.3. Key Drivers of the Riskiness of Credit Allocation

## Source details

**Canonical URL:** [Figure 2.3. Key Drivers of the Riskiness of Credit Allocation](https://www.imf.org/-/media/files/publications/gfsr/2018/april/chapter-2/pdf/figure2-3.pdf)

## Other formats

- [Markdown version](/-/media/files/publications/gfsr/2018/april/chapter-2/pdf/figure2-3.pdf.md)
- [Structured JSON version](/-/media/files/publications/gfsr/2018/april/chapter-2/pdf/figure2-3.pdf.json)

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### Diagram elements (as labeled)
- Corporate net worth
- Risk appetite 
- Credit demand 
- Credit volume
- Riskiness of credit allocation 
- Credit supply 
- Price of risk 
- Lending standards 
- Credit constraints 
- (In a boom)

### Interpretation cues (from diagram)
- The listed elements represent key drivers that interact to determine the riskiness of credit allocation.
- The parenthetical label "(In a boom)" indicates the diagram abstracts behavior during boom phases.
- The diagram abstracts from the role of bank capital and leverage, feedback loops, and possible heterogeneity in credit demand.

*Source: IMF staff.*

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_Source: https://www.imf.org/-/media/files/publications/gfsr/2018/april/chapter-2/pdf/figure2-3.pdf_