Showing 61 - 70 of 75,162
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/10012060200
changes in financial intermediaries' balance sheets for the supply of credit, liquidity and asset prices, and, consequently …
Persistent link: https://www.econbiz.de/10012060201
behavior of credit by public banks; especially Caixa Econômica Federal and Banco do Brasil. While the growth of banking credit …
Persistent link: https://www.econbiz.de/10011444824
explaining loan acceptance. For pricing, borrower factors are instead stronger. Moreover, banks supplying less credit accept … riskier borrowers. Exploiting the administrative credit register, we show borrower-lender assortative matching, and that the … bank-level strength measure, estimated on the experimental data, determines credit supply and risk-taking to real firms. …
Persistent link: https://www.econbiz.de/10012622362
banks during the 1990s on credit allocation using the Short-term Economic Survey of Enterprises. This survey includes a … from our model. We found that credit was reduced when the balance sheet of firms and banks deteriorated. The effects are … particularly significant for non-manufacturing industries. -- Tankan Survey ; Credit crunch ; Ever-greening ; Non-performing loans …
Persistent link: https://www.econbiz.de/10003407383
quantity restrictions. - Bank credit ; loan supply constraints ; euro area ; panel data …
Persistent link: https://www.econbiz.de/10008688512
We present a new approach to understanding credit relationships between commercial banks and quoted firms, and with … this approach, examine the temporal change in the structure of the Japanese credit network from 1980 to 2005. At each year …, the credit network is regarded as a weighted bipartite graph where edges correspond to the relationships and weights refer …
Persistent link: https://www.econbiz.de/10003813920
In this paper, we empirically analyze the transmission of realized interest rate risk - the gain or loss in bank economic capital due to movements in interest rates - to bank lending. We exploit a unique panel data set that contains supervisory information on the repricing maturity profiles of...
Persistent link: https://www.econbiz.de/10011396762
In this paper the authors focus on credit connections as a potential source of systemic risk. In particular, they seek … to answer the following question: how do we find densely connected subsets of nodes within a credit network? The question … this method they provide a community description of the Japanese bank-firm credit network, getting evidence of a …
Persistent link: https://www.econbiz.de/10009731380
The complexity of credit-money is conceived as the central issue in the banking-macro nexus, which the authors consider … consumption. The evolution of credit rules shapes economic networks between households, firms, banks, governments and central …
Persistent link: https://www.econbiz.de/10010199689