Credit Matters : Empirical Evidenceon U.S. Macro-Financial Linkages /
This paper develops a framework for analyzing macro-financial linkages in the United States. We estimate the effects of a negative shock to banks'' capital/assetratio on lending standards, which in turn affect consumer credit, mortgages, and corporate loans, and the corresponding component...
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| Format: | Book |
| Language: | English |
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Washington, D.C. :
International Monetary Fund,
2008
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| Series: | IMF Working Papers ;
Working Paper No. 08/169 IMF eLibrary |
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