Do Credit Supply Shocks Have Asymmetric Effects?
They do. Partly. We identify credit supply shocks via sign restrictions in a Bayesian VAR and separate them into positive and negative. Using local projections, we find that positive credit supply shocks leave notably different prints in private debt, mortgage debt, and debt:GDP, as opposed to ne...
I tiakina i:
I whakaputaina i: | MAGKS - Joint Discussion Paper Series in Economics (Band 26-2020) |
---|---|
Ngā kaituhi matua: | , |
Hōputu: | Tuhinga |
Reo: | Ingarihi |
I whakaputaina: |
Philipps-Universität Marburg
2020
|
Ngā marau: | |
Urunga tuihono: | Kuputuhi katoa PDF |
Tags: |
Tāpirihia he Tūtohu
Keine Tags, Fügen Sie den ersten Tag hinzu!
|
No citations were found for this record.