Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/101084 
Erscheinungsjahr: 
2014
Schriftenreihe/Nr.: 
Working Papers in Economics and Statistics No. 2014-06
Verlag: 
University of Innsbruck, Research Platform Empirical and Experimental Economics (eeecon), Innsbruck
Zusammenfassung: 
We study the development of bank lending in the U.S. after four large jumps in uncertainty using an event study approach. We find that more liquid banks reduce lending less than banks with smaller liquidity ratios after a surge in uncertainty. Lending by smaller banks is also less responsive to increases in uncertainty. Banks with a higher capitalization ratio keep up lending to a greater extent, but the effect is only significant for banks which are not part of a multi-bank holding company. This heterogeneity across banks suggests that declines in bank lending following increases in uncertainty are partly the result of a reduced supply of bank loans.
Schlagwörter: 
uncertainty
bank loan supply
event study
JEL: 
E44
E20
E30
Dokumentart: 
Working Paper

Datei(en):
Datei
Größe
559.98 kB





Publikationen in EconStor sind urheberrechtlich geschützt.