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Vu, Anh Nguyet (2019) On the impact of quantitative easing on credit standards and systemic risk: the Japanese experience. Economics Letters. ISSN 0165-1765
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Official URL: https://doi.org/10.1016/j.econlet.2019.07.005
Abstract
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 programs.
Item Type: | Article |
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Keywords: | Quantitative easing, Credit standards, Bank systemic risk, Japan. |
Schools and Departments: | University of Sussex Business School > Accounting and Finance |
Research Centres and Groups: | Business and Finance Research Group |
Subjects: | H Social Sciences > HG Finance H Social Sciences > HG Finance > HG1501 Banking |
Depositing User: | Anh Nguyet Vu |
Date Deposited: | 28 Aug 2019 09:33 |
Last Modified: | 10 Jan 2021 02:00 |
URI: | http://sro.sussex.ac.uk/id/eprint/85688 |
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