Konferenzbeitrag

Dynamics of Access to Credit and Perceptions of Lending Policy: Evidence from a Firm Survey

We analyze the perceived bank lending policy using the Austrian Business Survey for 2011 to 2014, which depend on their individual credit market experience. Negative experience has strongly negative, persistent and surprisingly similar effects on lending policy perceptions. Moreover, firms are more likely to revise their perceptions during the period in which they need a loan. This is in line with theories on sticky information rational inattention, and pessimism bias.

Language
Englisch

Bibliographic citation
Series: Beiträge zur Jahrestagung des Vereins für Socialpolitik 2017: Alternative Geld- und Finanzarchitekturen - Session: Banking III ; No. D15-V3

Classification
Wirtschaft
Banks; Depository Institutions; Micro Finance Institutions; Mortgages
Money Supply; Credit; Money Multipliers

Event
Geistige Schöpfung
(who)
Fidrmuc, Jarko
Hainz, Christa
Hölzl, Werner
Event
Veröffentlichung
(who)
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften, Leibniz-Informationszentrum Wirtschaft
(where)
Kiel, Hamburg
(when)
2017

Handle
Last update
10.03.2025, 11:43 AM CET

Data provider

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Object type

  • Konferenzbeitrag

Associated

  • Fidrmuc, Jarko
  • Hainz, Christa
  • Hölzl, Werner
  • ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften, Leibniz-Informationszentrum Wirtschaft

Time of origin

  • 2017

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