This paper provides new insights into the relationship between the supply of credit and the macroeconomy. We present evidence that credit shocks constitute shocks to aggregate supply in that they have a permanent effect on output and cause inflation to rise in the short term. Our results also suggest that the effects on aggregate supply have grown stronger in recent decades
In this paper we analyze financial crises and the interactions of macroprudential policy and credit....
This paper estimates the effects of changes in bank credit supply on the real economy. We use UK fir...
This paper studies the macroeconomic effects of exogenous changes in housing credit supply. We ident...
This paper provides new insights into the relationship between the supply of credit and the macroeco...
This thesis investigates how disturbances on the demand side of credit markets affect economic fluct...
We investigate the role played by the credit supply shock across the business cycle in the U.S. over...
The paper constructs credit shocks using data and the solution to a monetary business cycle model. T...
Are exogenous shocks to lending spreads in corporate credit markets a substantial source of macroeco...
We investigate the role played by the credit supply shock across the business cycle in the U.S. over...
Several recent papers have found that exogenous shocks to lending spreads in cor-porate credit marke...
We estimate the elasticity of exports to credit using matched customs and firm-level bank credit dat...
In this paper we analyze financial crises and the interactions of macroprudential policy and credit....
This paper reviews the rapidly growing literature on the real effects of bank credit supply fluctuat...
Economic literature has revealed the existence of some biases in the identification of the linkage b...
Summary In this paper we analyze financial crises and the interactions of macroprudential policy and...
In this paper we analyze financial crises and the interactions of macroprudential policy and credit....
This paper estimates the effects of changes in bank credit supply on the real economy. We use UK fir...
This paper studies the macroeconomic effects of exogenous changes in housing credit supply. We ident...
This paper provides new insights into the relationship between the supply of credit and the macroeco...
This thesis investigates how disturbances on the demand side of credit markets affect economic fluct...
We investigate the role played by the credit supply shock across the business cycle in the U.S. over...
The paper constructs credit shocks using data and the solution to a monetary business cycle model. T...
Are exogenous shocks to lending spreads in corporate credit markets a substantial source of macroeco...
We investigate the role played by the credit supply shock across the business cycle in the U.S. over...
Several recent papers have found that exogenous shocks to lending spreads in cor-porate credit marke...
We estimate the elasticity of exports to credit using matched customs and firm-level bank credit dat...
In this paper we analyze financial crises and the interactions of macroprudential policy and credit....
This paper reviews the rapidly growing literature on the real effects of bank credit supply fluctuat...
Economic literature has revealed the existence of some biases in the identification of the linkage b...
Summary In this paper we analyze financial crises and the interactions of macroprudential policy and...
In this paper we analyze financial crises and the interactions of macroprudential policy and credit....
This paper estimates the effects of changes in bank credit supply on the real economy. We use UK fir...
This paper studies the macroeconomic effects of exogenous changes in housing credit supply. We ident...