Schweinitz, Gregor von - Leibniz-Institut für Wirtschaftsforschung Halle - 2023 - This version: November 6, 2023
This paper contributes to a better understanding of the important role that credit demand plays for credit markets and … structural credit demand equation together with credit supply, aggregate supply, demand and monetary policy in a Bayesian … identification. In order to improve identification of the credit demand shocks, I construct a new granular instrument from regional …