On the impact of quantitative easing on credit standards and systemic risk: The Japanese experience

被引：5

作者：

Anh Nguyet Vu ^{[1
]}

机构：

[1] Univ Sussex, Business Sch, Brighton BN1 9SL, E Sussex, England

来源：

ECONOMICS LETTERS | 2020年 / 186卷

关键词：

Quantitative easing; Credit standards; Bank systemic risk; Japan; INTEREST-RATES; MONETARY-POLICY; BANK;

D O I：

10.1016/j.econlet.2019.07.005

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This study provides empirical evidence on the impact of quantitative easing on credit standards and systemic risk in Japanese banks. Quantitative easing leads to softened credit standards of approving loan applications. Bank systemic risk, however, decreases following the expansion of asset purchase programmes. (C) 2019 Elsevier B.V. All rights reserved.

引用

页数：4

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