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

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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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
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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