Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/103590
Authors: 
Waters, George A.
Year of Publication: 
2013
Citation: 
[Journal:] International Journal of Financial Studies [ISSN:] 2227-7072 [Publisher:] MDPI [Place:] Basel [Volume:] 1 [Year:] 2013 [Issue:] 3 [Pages:] 45-53
Abstract: 
One proxy of price rationing of credit is an aggregation of information on interest rates, while loan officer survey data measures quantity rationing of credit, meaning some borrowers are denied loans. The latter Granger causes real GDP but the former does not. The loan officer survey is a better leading indicator of credit market conditions that affect real activity.
Subjects: 
loan officer survey
quantity rationing of credit
vector autoregression (VAR)
JEL: 
E44
C22
Persistent Identifier of the first edition: 
Creative Commons License: 
http://creativecommons.org/licenses/by/3.0/
Document Type: 
Article

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