The capital crunch: neither a borrower nor a lender be.: An article from: Journal of Money, Credit & Banking
Book Details
Author(s)Joe Peek, Eric Rosengren
PublisherOhio State University Press
ISBN / ASINB00093MXEE
ISBN-13978B00093MXE2
MarketplaceFrance 🇫🇷
Description
This digital document is an article from Journal of Money, Credit & Banking, published by Ohio State University Press on August 1, 1995. The length of the article is 5957 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.
From the supplier: The dramatic reduction in the growth rate of bank lending associated with the 1990-91 recession, particularly in New england, has evoked claims by many observers of a credit crunch. To overcome the difficulty in determining whether the observed slow credit growth is a demand or supply phenomenon, we examine a cross-section of banks in New England that have experienced the same economic downturn, effectively controlling for changes in demand. We find empirical support for a capital crunch, whereby poor capitalized institutions shrink more than their better capitalized peers, indicating and independent role for credit supply. (Printed by permission of the publisher.)
Citation Details
Title: The capital crunch: neither a borrower nor a lender be.
Author: Joe Peek
Publication:Journal of Money, Credit & Banking (Refereed)
Date: August 1, 1995
Publisher: Ohio State University Press
Volume: v27 Issue: n3 Page: p625(14)
Distributed by Thomson Gale
From the supplier: The dramatic reduction in the growth rate of bank lending associated with the 1990-91 recession, particularly in New england, has evoked claims by many observers of a credit crunch. To overcome the difficulty in determining whether the observed slow credit growth is a demand or supply phenomenon, we examine a cross-section of banks in New England that have experienced the same economic downturn, effectively controlling for changes in demand. We find empirical support for a capital crunch, whereby poor capitalized institutions shrink more than their better capitalized peers, indicating and independent role for credit supply. (Printed by permission of the publisher.)
Citation Details
Title: The capital crunch: neither a borrower nor a lender be.
Author: Joe Peek
Publication:Journal of Money, Credit & Banking (Refereed)
Date: August 1, 1995
Publisher: Ohio State University Press
Volume: v27 Issue: n3 Page: p625(14)
Distributed by Thomson Gale
