Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
965527 | Journal of Macroeconomics | 2012 | 12 Pages |
Abstract
⺠This research examines the role of credit in the investment decision. ⺠Direct survey evidence on banks' willingness to lend measures credit availability. ⺠Credit is the key driver of cyclical fluctuations in corporate investment. ⺠Results have implications for monetary policy and business cycle research.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Jakob B. Madsen, Sarah J. Carrington,