| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w27056 |
| 来源ID | Working Paper 27056 |
| Loan Types and the Bank Lending Channel | |
| Victoria Ivashina; Luc Laeven; Enrique Moral-Benito | |
| 发表日期 | 2020-04-27 |
| 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 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 is mostly insensitive to these types of effects. |
| 主题 | Macroeconomics ; Financial Economics ; Financial Institutions |
| URL | https://www.nber.org/papers/w27056 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/584728 |
| 推荐引用方式 GB/T 7714 | Victoria Ivashina,Luc Laeven,Enrique Moral-Benito. Loan Types and the Bank Lending Channel. 2020. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w27056.pdf（968KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
除非特别说明，本系统中所有内容都受版权保护，并保留所有权利。
