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...

ver descrição completa

Na minha lista:
Detalhes bibliográficos
Publicado no:MAGKS - Joint Discussion Paper Series in Economics (Band 26-2020)
Autoren: Finck, David, Rudel, Paul
Formato: Artigo
Idioma:inglês
Publicado em: Philipps-Universität Marburg 2020
Assuntos:
Acesso em linha:Texto integral em PDF
Tags: Adicionar Tag
Sem tags, seja o primeiro a adicionar uma tag!