Amiti, Mary; Weinstein, David E. - 2013
developing a new methodology to separate firms' credit shocks from loan supply shocks, using a vast sample of matched bank …-firm lending data. We decompose loan movements in Japan for the period 1990 to 2010 into bank, firm, industry, and common shocks … bank loan supply net of borrower characteristics and general credit conditions - can have large impacts on aggregate loan …