Has the credit supply shock asymmetric effects on macroeconomic variables?

We investigate the role played by the credit supply shock across the business cycle in the U.S. over the period 1973 - 2018. We estimate a nonlinear VAR including nominal, real, monetary, and financial variables. According to our results, a credit supply shock triggers asymmetric and negative effect...

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Bibliographic details
Main Author: Colombo, Valentina
Format: Publication
Language: English
Place of publication: Bologna, Italy Alma Mater Studiorum - Università di Bologna, Department of Economics 2020
Dipartimento di Scienze economiche
Data of publication: 2020
ISSN: 2282-6483
EISSN: 2282-6483
Dewey Decimal Classification: 330
Discipline: Economics
Series: Quaderni - working paper DSE
Online Access: available in Bonn?
Database: ECONIS
OpenAIRE (Open Access)
Database information Databases - DBIS