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The credit cycle and the business cycle : new findings using the loan officer opinion survey

Lown, Cara Sue; Morgan, Donald P. - In: Journal of money, credit and banking : JMCB 38 (2006) 6, pp. 1575-1598

Persistent link: https://www.econbiz.de/10003363380

Credit effects in the monetary mechanism

Lown, Cara Sue; Morgan, Donald P. - In: Economic policy review 8 (2002) 1, pp. 217-235

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Listening to loan officers : the impact of commercial credit standards on lending and output

Lown, Cara Sue; Morgan, Donald P.; Rohatgi, Sonali - In: Economic policy review 6 (2000) 2, pp. 1-16

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The Credit Cycle and the Business Cycle: New Findings Using the Loan Officer Opinion Survey

Lown, Cara; Morgan, Donald P. - Institute for Financial Research (SIFR) - 2004

VAR analysis on a measure of bank lending standards collected by the Federal Reserve reveals that shocks to lending standards are significantly correlated with innovations in commercial loans of banks and in real output. Credit standards strongly dominate loan rates in explaining variation in...

Persistent link: https://www.econbiz.de/10005423908