Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5058071 | Economics Letters | 2016 | 5 Pages |
Abstract
â¢Growth of post-crisis US bank lending has been dismal.â¢We apply a new technique to parse the supply and demand of bank loan flows.â¢The results imply fairly robust loan demand and lackluster supply in recent years.â¢As such, loan supply appears to have exerted a notable drag on economic activity.
What explains the slow recovery of US bank lending since the financial crisis? We apply a new technique to disentangle loan supply and demand shocks. Lackluster supply in recent years played a key role against the backdrop of recovering demand.
Keywords
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Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Benjamin R. Mandel, Joe Seydl,