This paper investigates how variations in macroeconomic uncertainty distort commercial banks' allocation of loanable funds by analyzing the dispersion of banks' total loan-to-asset ratios over a quarter-century period.
|Translated title of the contribution||The second moments matter: The impact of macroeconomic uncertainty on the allocation of loanable funds|
|Pages (from-to)||87 - 89|
|Number of pages||3|
|Publication status||Published - Feb 2009|
Bibliographical noteTitle of Publication Reviewed: The second moments matter: The impact of macroeconomic uncertainty on the allocation of loanable funds
Author of Publication Reviewed: Neslihan Ozkan