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Is There a Bank Lending Channel in Southern African Banking Systems?

โœ Scribed by Mark Lungu


Book ID
110958648
Publisher
John Wiley and Sons
Year
2008
Tongue
English
Weight
252 KB
Volume
19
Category
Article
ISSN
1017-6772

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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