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Incentive-Based Lending Capacity, Competition and Regulation in Banking

✍ Scribed by Gabriella Chiesa

Book ID: 112258744
Publisher: Elsevier Science
Year: 2001
Tongue: English
Weight: 132 KB
Volume: 10
Category: Article
ISSN: 1042-9573
DOI: 10.1006/jfin.2000.0306

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## Abstract We estimate Markov switching vector autoregressive systems for loans to firms and loans to households to investigate their relationship to interest rates and investment and consumption, respectively. We find evidence for different reactions of lending to shocks in real variables and int