Bank Credit Cycles

185 citations recorded by the source corpus.

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

Credit Matters: Empirical Evidence on U.S. Macro-Financial Linkages (2008, background): “Gorton and He (forthcoming) develop a theoretical model where asymmetric information between competing banks cause lending standards to change over time.”
Business and default cycles for credit risk (2003, methodology): “the fact that we use an unobserved components model, see Harvey (1989) and Durbin and Koopman (2001).”
Curbing the Credit Cycle (2015, unknown): “A second potential source of credit market friction arises from coordination failures among lenders (Gorton and He (2008)).”
Bank Risk-Taking, Securitization, Supervision and Low Interest Rates: Evidence from the Euro Area and the U.S. Lending Standards (2010, unknown): “For the effects of credit as an autonomous source of macroeconomic fluctuations, see Gorton and He (2008).”