Loan loss accounting and procyclical bank lending: The role of direct regulatory actions
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DOI: 10.1016/j.jacceco.2019.01.003
Abstract: I provide evidence that loan loss accounting affects procyclical lending through its impact on regulatory actions. Regulators are more likely to place banks with inadequate loan loss allowances under enforcement actions that restrict lending, leading… read more here.
Keywords: accounting procyclical; loan; loan loss; regulatory actions ... See more keywords