Uncertainty and Demand for Business Loans: A Study of Selected Countries in the Euro Area

被引:1
作者
Dajcman, Silvo [1 ]
机构
[1] Univ Maribor, Fac Econ & Business, Maribor, Slovenia
关键词
Demand for business loans; Uncertainty; Bayesian VAR; MONETARY-POLICY; BANK LOANS; RISK; INVESTMENT; CHANNEL; IMPACT; PRICE; MODEL;
D O I
10.2298/PAN180725013D
中图分类号
F [经济];
学科分类号
02 ;
摘要
This paper studies the effect of uncertainty shocks on the demand for business loans in individual euro area countries. The results of Bayesian vec-tor autoregression (VAR) model impulse response functions show that in some countries the overall demand for business loans, and particularly the demand for business loans for fixed-investment financing, respond significantly negatively to the shock.
引用
收藏
页码:339 / 353
页数:15
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