Ashraf, Badar Nadeem - In: Risks : open access journal 9 (2021) 5, pp. 1-17
World Uncertainty Index (WUI) and using a bank-level dataset from 88 countries over the period 1998-2017, we find that … heightened economic uncertainty increases bank loan interest rates. Specifically, bank loan interest rates rise by 20.67 basis … that bank price in economic uncertainty is an important risk while setting interest rates on bank loans. …
