Mimir, Yasin - Volkswirtschaftliche Fakultät, … - 2012
This paper conducts a quantitative analysis of the role of financial shocks and credit frictions affecting the banking … variables in the U.S. banking sector: (i) Bank credit, deposits and loan spread are less volatile than output, while net worth … and leverage ratio are more volatile, (ii) bank credit and net worth are procyclical, while deposits, leverage ratio and …