Senior bank loan officers’ expectations for loan demand: A note
AbstractWe employ senior bank loan officers’ responses regarding actual and expected loan demand from enterprises linking successive surveys to determine the dominant expectation formation mechanism that best describes European senior bank loan officers’ expectations. Our findings suggest that the a...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
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Taylor & Francis Group
2023-12-01
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| Series: | Cogent Business & Management |
| Subjects: | |
| Online Access: | https://www.tandfonline.com/doi/10.1080/23311975.2023.2174247 |
| Summary: | AbstractWe employ senior bank loan officers’ responses regarding actual and expected loan demand from enterprises linking successive surveys to determine the dominant expectation formation mechanism that best describes European senior bank loan officers’ expectations. Our findings suggest that the adaptive expectations mechanism is compatible with senior bank loan officers’ expectations for loan demand from enterprises. Our study contributes to the understanding of the formation of loan demand expectations, and hence our findings can be beneficial for monetary policy purposes. |
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| ISSN: | 2331-1975 |