Credit boom or credit crunch? - A general-to-specific approach to modeling bank lending
In this thesis factors affecting bank lending in the United States are sought for. For this purpose variables that can be derived from prevailing theories and previous research are used. These include for example the interest rate, the nonperforming loans ratio and the capital to asset ratio. The data series cover the time period 1988Q1-2009Q3. Regression models in a-general-to-specific framework
