Does Bank Lending Affect Output? Evidence from the U.S. States

170 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.

Bank Liquidity Creation and Real Economic Output (2017, unknown): “Studies of other time perids and other nations seem to confirm these results, although the ffects are often smaller (e.g., Peek and Rosengren, 20 0 0; Calomiris nd Wilson, 2004; Driscoll, 2004 ; Francis and Osborne, 2012 ; errospide and Edge, 2010; Aiyar et al., 2012; Jiménez et al., 2013 ).”
The Real Effects of Asset Market Bubbles: Loan- and Firm-Level Evidence of a Lending Channel (2007, unknown): “Gibson (1995) and Kang and Stulz (2000), both using a sample of Japanese firms, present evidence that bank health affects firm performance, as reflected in the firm’s reduced investment and lower stock market valuation. As pointed out by Bae, Kang, and Lim (2002), however, the interpretation of thei”
The Impact of Supply Constraints on Bank Lending in the Euro Area - Crisis Induced Crunching? (2010, methodology): “, Driscoll, J.C. and Zakrajsek, E. (2010), “Identifying the macroeconomic effects of bank lending supply shocks”, Federal Reserve Board of Governors, working paper.”
Growth and Convergence across the United States: Evidence from County-Level Data (2006, background): “Driscoll (2004) found that state-specific variation in deposits has a large and statistically significant effect on state-specific loans.”