COVID-19, bank deposits, and lending☆
Journal of empirical finance : Duplicate, marked for deletion
; 68:20-33, 2022.
Article
in English
| EuropePMC | ID: covidwho-1989505
ABSTRACT
During the pandemic, households accumulated savings in their deposit accounts as a result of a reduction in their spending, which occurred due to the restrictions on their mobility. This led to a significant increase in bank deposits for banks located in counties with a larger reduction in spending. Banks, in turn, used these additional funds to issue more real estate loans. This implies that policies that might affect household spending would lead to changes in the volume of deposits in the banking system, which have consequences on banks’ loan supply.
Search on Google
Collection:
Databases of international organizations
Database:
EuropePMC
Language:
English
Journal:
Journal of empirical finance : Duplicate, marked for deletion
Year:
2022
Document Type:
Article
Similar
MEDLINE
...
LILACS
LIS