Search: lending and credit aggregates

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1–10 of 12 collapsed search results for lending and credit aggregates

RBA Glossary definition for lending and credit aggregates

lending and credit aggregates – Reserve Bank of Australia measures of lending and credit made available to the private non-finance sector (including public trading enterprises) or, the government sector by those financial intermediaries whose liabilities are included in broad money. Broad money is defined as currency plus bank current deposits of the private non-bank sector, plus all other bank deposits of the private non-bank sector plus borrowings from the private sector by non-bank financial intermediaries (NBFIs), less the latter's holdings of currency and bank deposits.

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Appendix B: Identifying the Separate Effects of Liquidity and Lending Standards Shocks

31 Dec 2013 RDP 2013-05
Gianni La Cava
RDP 2013-05: Liquidity Shocks and the US Housing Credit Crisis of 2007–2008 Appendix B: Identifying the Separate Effects of Liquidity and Lending Standards Shocks. ... ij. ) rather than specific to each bank. The new lending standards shock comprises
https://www.rba.gov.au/publications/rdp/2013/2013-05/appendix-b.html

Robustness Tests

31 Dec 2013 RDP 2013-05
Gianni La Cava
The ‘within-tract’ identification strategy does not provide the complete picture of the aggregate effect of the liquidity shock on mortgage lending. ... This substitution towards unaffected lenders could limit the effect of the liquidity shock on
https://www.rba.gov.au/publications/rdp/2013/2013-05/robustness-tests.html

Liquidity Shocks and the US Housing Credit Crisis of 2007–2008

5 Jun 2013 RDP 2013-05
Gianni La Cava
Research Discussion Papers contain the results of economic research within the Reserve Bank
https://www.rba.gov.au/publications/rdp/2013/2013-05.html

Appendix A: Identifying the Effect of Credit Supply Shocks

31 Dec 2013 RDP 2013-05
Gianni La Cava
j. ). In terms of the econometric framework, the aggregate credit demand shock might be an unexpected change in US monetary policy while the region-specific demand shock might be a shock ... and a bank-specific shock (δ. i. ). The aggregate credit
https://www.rba.gov.au/publications/rdp/2013/2013-05/appendix-a.html

Liquidity Shocks and the US Housing Credit Crisis of 2007–2008

31 Dec 2013 RDP 2013-05
Gianni La Cava
Research Discussion Paper – RDP 2013-05 Liquidity Shocks and the US Housing Credit Crisis of 2007–2008.
https://www.rba.gov.au/publications/rdp/2013/2013-05/

Appendix C: Estimating the Unbiased Aggregate Effect of the Liquidity Shock

31 Dec 2013 RDP 2013-05
Gianni La Cava
RDP 2013-05: Liquidity Shocks and the US Housing Credit Crisis of 2007–2008 Appendix C: Estimating the Unbiased Aggregate Effect of the Liquidity Shock. ... Download the Paper 756. KB. Jimenez et al (2011) outline a methodology to estimate the unbiased
https://www.rba.gov.au/publications/rdp/2013/2013-05/appendix-c.html

Data

31 Dec 2013 RDP 2013-05
Gianni La Cava
income, race, ethnicity), and the lending institution (e.g. the identity of the lender). ... In general, loan sales are a broader measure of financing lending than securitisations.
https://www.rba.gov.au/publications/rdp/2013/2013-05/data.html

Conclusion

31 Dec 2013 RDP 2013-05
Gianni La Cava
RDP 2013-05: Liquidity Shocks and the US Housing Credit Crisis of 2007–2008 8. ... Download the Paper 756. KB. The sharp contraction in new residential mortgage lending in the United States over 2007–2008 is often attributed to a significant
https://www.rba.gov.au/publications/rdp/2013/2013-05/conclusion.html

Literature Review

31 Dec 2013 RDP 2013-05
Gianni La Cava
The theoretical literature provides a framework in which banks' financing conditions can affect overall lending due to credit market imperfections (e.g. ... Geographic location is therefore potentially a significant determinant of credit risk in home
https://www.rba.gov.au/publications/rdp/2013/2013-05/literature-review.html

References

31 Dec 2013 RDP 2013-05
Gianni La Cava
Journal of Real Estate Research. , 29(4), pp 351–379. Bernanke BS and AS Blinder (1988), ‘Credit, Money, and Aggregate Demand’,. ... Jiménez G, A Mian, J-L Peydró and J Saurina (2011), ‘Local versus Aggregate Lending Channels: The Effects of
https://www.rba.gov.au/publications/rdp/2013/2013-05/references.html