Local Versus Aggregate Lending Channels: The Effects Of Securitization On Corporate Credit Supply In Spain
收藏NBER2010-12-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w16595
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资源简介：
While banks may change their supply of credit due to bank balance sheet shocks (the local lending channel), firms can react by adjusting their sources of financing in equilibrium (the aggregate lending channel). We formalize a methodology for separately estimating these effects. We estimate the
提供机构：
美国国家经济研究局
创建时间：
2010-12-01
