| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP14459 |
| DP14459 Loan Types and the Bank Lending Channel | |
| Victoria Ivashina; Luc Laeven; Enrique Moral-Benito | |
| 发表日期 | 2020-03-01 |
| 出版年 | 2020 |
| 语种 | 英语 |
| 摘要 | Using credit-registry data for Spain and Peru, we document that four main types of commercial credit—asset-based loans, cash flow loans, trade finance and leasing—are easily identifiable and represent the bulk of corporate credit. We show that credit growth dynamics and bank lending channels vary across these loan types. Moreover, aggregate credit supply shocks previously identified in the literature appear to be driven by individual loan types. The effects of monetary policy and the effects of the financial crisis propagating through banks’ balance sheets are primarily driven by cash flow loans, whereas asset-based credit appears to be largely insensitive to these types of effects. |
| 主题 | Financial Economics |
| 关键词 | Bank credit Loan types Bank lending channel Credit registry |
| URL | https://cepr.org/publications/dp14459 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/543357 |
| 推荐引用方式 GB/T 7714 | Victoria Ivashina,Luc Laeven,Enrique Moral-Benito. DP14459 Loan Types and the Bank Lending Channel. 2020. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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