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Cyclicality of Credit Supply: Firm Level Evidence

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NBER2011-09-01 更新2025-01-04 收录
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https://www.nber.org/papers/w17392
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Theory predicts that there is a close link between bank credit supply and the evolution of the business cycle. Yet fluctuations in bank-loan supply have been hard to quantify in the time-series. While loan issuance falls in recessions, it is not clear if this is due to demand or supply. We address
提供机构:
美国国家经济研究局
创建时间:
2011-09-01
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