Credit Matters : Empirical Evidence on U.S. Macro-Financial Linkages /

This paper develops a framework for analyzing macro-financial linkages in the United States. We estimate the effects of a negative shock to banks' capital/assetratio on lending standards, which in turn affect consumer credit, mortgages, and corporate loans, and the corresponding components of p...

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Détails bibliographiques
Auteur principal: Bayoumi, Tamim
Autres auteurs: Melander, Ola
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 2008.
Collection:IMF Working Papers; Working Paper ; No. 2008/169
Accès en ligne:Full text available on IMF