...
  • 主题
高级搜索  >
历史搜索 清空历史
首页> 外文期刊>Journal of banking & finance >The level effect of bank lending standards on business lending
【24h】

The level effect of bank lending standards on business lending

机译：银行贷款标准对企业贷款的水平影响

获取原文
获取原文并翻译 | 示例
           
页面导航
  • 摘要
  • 著录项
  • 相似文献
  • 相关主题

摘要

Do tightenings of bank lending standards permanently reduce bank lending? We construct a measure of a bank's level of lending standards using micro-data from the sample of banks participating in the Eurosystem Bank Lending Survey in The Netherlands and show that this level measure affects business lending. The level effect is statistically robust and economically relevant; a one point tightening reduces a bank's quarterly growth rate of business lending by about half a percentage point until bank lending standards are eased. This level effect of bank lending standards helps to explain low bank lending growth after a period of prolonged tightening as well as high bank lending growth in a period of prolonged easing. As such, the analysis provides another potential indicator for macroprudential policy. (C) 2016 Elsevier B.V. All rights reserved.
机译：收紧银行贷款标准是否会永久减少银行贷款？我们使用参与荷兰的欧洲系统银行贷款调查的银行样本中的微观数据构建了银行贷款标准水平的度量标准，并表明该水平度量标准会影响企业贷款。水平效应在统计上是可靠的，并且在经济上相关；在银行放宽贷款标准放宽之前，一分紧缩措施将银行的季度商业贷款增长率降低了约半个百分点。银行放贷标准的这种水平效应有助于解释长期紧缩时期之后银行放贷增长缓慢以及长期放宽期间银行放贷增长较高。这样，该分析为宏观审慎政策提供了另一个潜在指标。 （C）2016 Elsevier B.V.保留所有权利。

著录项

相似文献

  • 外文文献
  • 中文文献
  • 专利
获取原文

客服邮箱：kefu@zhangqiaokeyan.com

京公网安备：11010802029741号 ICP备案号：京ICP备15016152号-6 六维联合信息科技 (北京) 有限公司©版权所有

  • 客服微信

  • 服务号