Showing 1 - 10 of 2,959
This article studied the relationship between credit advancement pattern over a certain horizon and the composition of … credit committees in the top four South African commercial banks. The technique utilised for the purpose of obtaining … empirical evidence is the content sensitive technique known as the content analysis.The study found that credit advancement grew …
Persistent link: https://www.econbiz.de/10013104017
technique, the study shows that interbank borrowing has a significant impact on the bank credit, and an inverse relationship …
Persistent link: https://www.econbiz.de/10013065703
changes in financial intermediaries’ balance sheets for the supply of credit, liquidity and asset prices, and, consequently …
Persistent link: https://www.econbiz.de/10011778050
This paper surveys the literature on the linkages between asset prices and macroeconomic outcomes. It focuses on three major questions. First, what are the basic theoretical linkages between asset prices and macroeconomic outcomes? Second, what is the empirical evidence supporting these...
Persistent link: https://www.econbiz.de/10011761064
This study estimates the effect of the European Central Bank's second series of targeted longerterm refinancing operations (TLTRO-II) on bank lending using bank level data from multiple countries and instrumental variable estimation. Effects on corporate loans and loans for consumption are...
Persistent link: https://www.econbiz.de/10012849601
This study estimates the effect of the European Central Bank's second series of targeted longer-term refinancing operations (TLTRO-II) on bank lending using bank level data from multiple countries and instrumental variable estimation. Effects on corporate loans and loans for consumption are...
Persistent link: https://www.econbiz.de/10012836596
closely resembles that of credit, which allows us to analyse real and nominal consequences of bank credit (and money) creation. … resources in the form of deposits. Therefore, bank credit needs to be modelled as a monetary phenomenon, which directly fuels … monetary institutions and captures banks' institutional ability to create money. Our model features a small open economy with …
Persistent link: https://www.econbiz.de/10012123430
We develop a theory of trust in lending, distinguishing between trust and reputation, and use it to analyze the competitive interactions between banks and non-bank lenders (fintech firms). Trust enables lenders to have assured access to financing, whereas a loss of investor trust makes this...
Persistent link: https://www.econbiz.de/10011942332
The amount of credit in the economy is a heterogeneous aggregate that can be analyzed across different dimensions …. Considering such dimensions provides insights into the effect of monetary policy interventions because the credit components are …
Persistent link: https://www.econbiz.de/10012597851
This paper documents a strong connection between payment system and credit supply. The dual role of deposits as … the average level of aggregate credit supply by 9% while amplify the volatility by 20%. We identify a small subset of … banks that have a disproportionately large influence on credit supply due to their special positions in the payment …
Persistent link: https://www.econbiz.de/10012816483