Titelaufnahme

Titel
Banks' funding stress, lending supply and consumption expenditure / H. Evren Damar, Reint E. Gropp, Adi Mordel
VerfasserDamar, H. Evren ; Gropp, Reint ; Mordel, Adi
ErschienenHalle (Saale), Germany : Halle Institute for Economic Research (IWH) - Member of the Leibniz Association, 07. Juni 2019
Umfang1 Online-Ressource (III, 50, 11 Seiten, 0,65 MB) : Diagramme
SpracheEnglisch
SerieIWH-Diskussionspapiere ; 2019, no. 11 (June 2019)
URNurn:nbn:de:gbv:3:2-107557 
Zugriffsbeschränkung
 Das Dokument ist frei verfügbar
Dateien
Banks' funding stress, lending supply and consumption expenditure [0.65 mb]
Links
Nachweis
Klassifikation
Keywords
We employ a unique identification strategy linking survey data on household consumption expenditure to bank-level data to estimate the effects of bank funding stress on consumer credit and consumption expenditures. We show that households whose banks were more exposed to funding shocks report lower levels of nonmortgage liabilities. This however only translates into lower levels of consumption for low income households. Hence adverse credit supply shocks are associated with significant heterogeneous effects.