Do Banks Pass Through Credit Expansions to Consumers Who Want to Borrow?
收藏NBER2015-09-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w21567
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资源简介：
We propose a new approach to studying the pass-through of credit expansion policies that focuses on frictions, such as asymmetric information, that arise in the interaction between banks and borrowers. We decompose the effect of changes in banks cost of funds on aggregate borrowing into the product
提供机构：
美国国家经济研究局
创建时间：
2015-09-01
