We analyze the importance of bank lending shocks on real activity in Norway and the UK, using structural VARs and based on quarterly data for the past 21 years. The VARs are identified using a combination of sign and short-term zero restrictions, allowing for simultaneous interaction between various variables. We find that a negative bank lending shock causes output to contract. The significance of bank lending shocks seems evident as they explain a substantial share of output gap variability. This suggests that the banking sector is an important source of shocks. The empirical analysis comprises the Norwegian banking crisis (1988-1993) and the recent period of banking failures and recession in the UK. The results are clearly non-negligible...
This paper examines bank liquidity management following capital shocks under capital and liquidity r...
This paper estimates a two-country model with a global bank, using U.S. and euro area (EA) data. Emp...
2009 This Working Paper should not be reported as representing the views of the IMF. The views expre...
We analyze the importance of bank lending shocks on real activity in Norway and the UK, using struct...
This paper provides empirical evidence on the role played by loan supply shocks over the business cy...
In this study, we utilize an Autoregressive Distributed Lag (ARDL) model in order to investigate the...
Shocks to bank capital: evidence from UK banks at home and away Nada Mora(1) and Andrew Logan(2) Th...
In this paper, we evaluate the importance of shocks originating in the financial sector on the Norwe...
This paper investigates the link between shocks in the banking sector and aggregate leverage measure...
This thesis examines how oil price shocks affect bank profitability. We use this examination to asse...
This paper examines how credit risk affects bank lending and the business cycle. We estimate a panel...
Abstract: Shocks to bank lending, risk-taking and securitization activities that are orthogonal to r...
In this master thesis, I evaluate empirically the importance of foreign financial shocks for explain...
Evidence abounds on the propagation of financial stresses originating in the US mortgage market to b...
This paper estimates a two-country model with a global bank, using US and Euro Area (EA) data. Empir...
This paper examines bank liquidity management following capital shocks under capital and liquidity r...
This paper estimates a two-country model with a global bank, using U.S. and euro area (EA) data. Emp...
2009 This Working Paper should not be reported as representing the views of the IMF. The views expre...
We analyze the importance of bank lending shocks on real activity in Norway and the UK, using struct...
This paper provides empirical evidence on the role played by loan supply shocks over the business cy...
In this study, we utilize an Autoregressive Distributed Lag (ARDL) model in order to investigate the...
Shocks to bank capital: evidence from UK banks at home and away Nada Mora(1) and Andrew Logan(2) Th...
In this paper, we evaluate the importance of shocks originating in the financial sector on the Norwe...
This paper investigates the link between shocks in the banking sector and aggregate leverage measure...
This thesis examines how oil price shocks affect bank profitability. We use this examination to asse...
This paper examines how credit risk affects bank lending and the business cycle. We estimate a panel...
Abstract: Shocks to bank lending, risk-taking and securitization activities that are orthogonal to r...
In this master thesis, I evaluate empirically the importance of foreign financial shocks for explain...
Evidence abounds on the propagation of financial stresses originating in the US mortgage market to b...
This paper estimates a two-country model with a global bank, using US and Euro Area (EA) data. Empir...
This paper examines bank liquidity management following capital shocks under capital and liquidity r...
This paper estimates a two-country model with a global bank, using U.S. and euro area (EA) data. Emp...
2009 This Working Paper should not be reported as representing the views of the IMF. The views expre...