Macroeconomic uncertainty and bank lending

Macroeconomic uncertainty and bank lending

We investigate the impact of macro-related uncertainty on bank lending in Norway. We show that an increase in general macroeconomic uncertainty reduces bank lending. Importantly, however, we show that this effect is largely driven by monetary policy uncertainty, suggesting that uncertainty about the...

Ausführliche Beschreibung

Gespeichert in:
Bibliographische Detailangaben
Veröffentlicht in:CAMP Working Paper Series 2022
Hauptverfasser: Juelsrud, Ragnar E, Larsen, Vegard H
Format: Artikel
Sprache:eng
Schlagworte:
Bank lending
Macroeconomic uncertainty
Textual analysis
Online-Zugang:Volltext bestellen
Tags: Tag hinzufügen
Keine Tags, Fügen Sie den ersten Tag hinzu!
container_end_page
container_issue
container_start_page
container_title CAMP Working Paper Series
container_volume
creator Juelsrud, Ragnar E
Larsen, Vegard H
description We investigate the impact of macro-related uncertainty on bank lending in Norway. We show that an increase in general macroeconomic uncertainty reduces bank lending. Importantly, however, we show that this effect is largely driven by monetary policy uncertainty, suggesting that uncertainty about the monetary policy stance is key for understanding why macro-related uncertainty impacts bank lending.
format Article
fullrecord <record><control><sourceid>cristin_3HK</sourceid><recordid>TN_cdi_cristin_nora_11250_3035431</recordid><sourceformat>XML</sourceformat><sourcesystem>PC</sourcesystem><sourcerecordid>11250_3035431</sourcerecordid><originalsourceid>FETCH-cristin_nora_11250_30354313</originalsourceid><addsrcrecordid>eNrjZNDyTUwuyk9Nzs_Lz81MVijNS04tKknMzCupVEjMS1FISszLVshJzUvJzEvnYWBNS8wpTuWF0twMim6uIc4euslFmcUlmXnxeflFifGGhkamBvHGBsamJsaGxsSoAQA-kijI</addsrcrecordid><sourcetype>Open Access Repository</sourcetype><iscdi>true</iscdi><recordtype>article</recordtype></control><display><type>article</type><title>Macroeconomic uncertainty and bank lending</title><source>NORA - Norwegian Open Research Archives</source><creator>Juelsrud, Ragnar E ; Larsen, Vegard H</creator><creatorcontrib>Juelsrud, Ragnar E ; Larsen, Vegard H</creatorcontrib><description>We investigate the impact of macro-related uncertainty on bank lending in Norway. We show that an increase in general macroeconomic uncertainty reduces bank lending. Importantly, however, we show that this effect is largely driven by monetary policy uncertainty, suggesting that uncertainty about the monetary policy stance is key for understanding why macro-related uncertainty impacts bank lending.</description><language>eng</language><subject>Bank lending ; Macroeconomic uncertainty ; Textual analysis</subject><ispartof>CAMP Working Paper Series, 2022</ispartof><rights>info:eu-repo/semantics/openAccess</rights><oa>free_for_read</oa><woscitedreferencessubscribed>false</woscitedreferencessubscribed></display><links><openurl>$$Topenurl_article</openurl><openurlfulltext>$$Topenurlfull_article</openurlfulltext><thumbnail>$$Tsyndetics_thumb_exl</thumbnail><link.rule.ids>230,780,885,26567</link.rule.ids><linktorsrc>$$Uhttp://hdl.handle.net/11250/3035431$$EView_record_in_NORA$$FView_record_in_$$GNORA$$Hfree_for_read</linktorsrc></links><search><creatorcontrib>Juelsrud, Ragnar E</creatorcontrib><creatorcontrib>Larsen, Vegard H</creatorcontrib><title>Macroeconomic uncertainty and bank lending</title><title>CAMP Working Paper Series</title><description>We investigate the impact of macro-related uncertainty on bank lending in Norway. We show that an increase in general macroeconomic uncertainty reduces bank lending. Importantly, however, we show that this effect is largely driven by monetary policy uncertainty, suggesting that uncertainty about the monetary policy stance is key for understanding why macro-related uncertainty impacts bank lending.</description><subject>Bank lending</subject><subject>Macroeconomic uncertainty</subject><subject>Textual analysis</subject><fulltext>true</fulltext><rsrctype>article</rsrctype><creationdate>2022</creationdate><recordtype>article</recordtype><sourceid>3HK</sourceid><recordid>eNrjZNDyTUwuyk9Nzs_Lz81MVijNS04tKknMzCupVEjMS1FISszLVshJzUvJzEvnYWBNS8wpTuWF0twMim6uIc4euslFmcUlmXnxeflFifGGhkamBvHGBsamJsaGxsSoAQA-kijI</recordid><startdate>2022</startdate><enddate>2022</enddate><creator>Juelsrud, Ragnar E</creator><creator>Larsen, Vegard H</creator><scope>3HK</scope></search><sort><creationdate>2022</creationdate><title>Macroeconomic uncertainty and bank lending</title><author>Juelsrud, Ragnar E ; Larsen, Vegard H</author></sort><facets><frbrtype>5</frbrtype><frbrgroupid>cdi_FETCH-cristin_nora_11250_30354313</frbrgroupid><rsrctype>articles</rsrctype><prefilter>articles</prefilter><language>eng</language><creationdate>2022</creationdate><topic>Bank lending</topic><topic>Macroeconomic uncertainty</topic><topic>Textual analysis</topic><toplevel>online_resources</toplevel><creatorcontrib>Juelsrud, Ragnar E</creatorcontrib><creatorcontrib>Larsen, Vegard H</creatorcontrib><collection>NORA - Norwegian Open Research Archives</collection></facets><delivery><delcategory>Remote Search Resource</delcategory><fulltext>fulltext_linktorsrc</fulltext></delivery><addata><au>Juelsrud, Ragnar E</au><au>Larsen, Vegard H</au><format>book</format><genre>document</genre><ristype>GEN</ristype><atitle>Macroeconomic uncertainty and bank lending</atitle><jtitle>CAMP Working Paper Series</jtitle><date>2022</date><risdate>2022</risdate><abstract>We investigate the impact of macro-related uncertainty on bank lending in Norway. We show that an increase in general macroeconomic uncertainty reduces bank lending. Importantly, however, we show that this effect is largely driven by monetary policy uncertainty, suggesting that uncertainty about the monetary policy stance is key for understanding why macro-related uncertainty impacts bank lending.</abstract><oa>free_for_read</oa></addata></record>
fulltext fulltext_linktorsrc
identifier
ispartof CAMP Working Paper Series, 2022
issn
language eng
recordid cdi_cristin_nora_11250_3035431
source NORA - Norwegian Open Research Archives
subjects Bank lending
Macroeconomic uncertainty
Textual analysis
title Macroeconomic uncertainty and bank lending
url https://sfx.bib-bvb.de/sfx_tum?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&ctx_tim=2025-01-05T03%3A59%3A54IST&url_ver=Z39.88-2004&url_ctx_fmt=infofi/fmt:kev:mtx:ctx&rfr_id=info:sid/primo.exlibrisgroup.com:primo3-Article-cristin_3HK&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=document&rft.atitle=Macroeconomic%20uncertainty%20and%20bank%20lending&rft.jtitle=CAMP%20Working%20Paper%20Series&rft.au=Juelsrud,%20Ragnar%20E&rft.date=2022&rft_id=info:doi/&rft_dat=%3Ccristin_3HK%3E11250_3035431%3C/cristin_3HK%3E%3Curl%3E%3C/url%3E&disable_directlink=true&sfx.directlink=off&sfx.report_link=0&rft_id=info:oai/&rft_id=info:pmid/&rfr_iscdi=true