Uncertainty and Demand for Business Loans: A Study of Selected Countries in the Euro Area

Authors

  • Silvo Dajcman University of Maribor, Faculty of Economics and Busines, Slovenia

DOI:

https://doi.org/10.2298/PAN180725013D

Keywords:

Demand for business loans, Uncertainty, Bayesian VAR

Abstract

This paper studies the effect of uncertainty shocks on the demand for business loans in individual euro area countries. The results of Bayesian vector autoregression (VAR) model impulse response functions show that in some countries the overall demand for business loans, and particularly the demand for business loans for fixed-investment financing, respond significantly negatively to the shock.

Keywords: Demand for business loans, Uncertainty, Bayesian VAR.

JEL: D81, E32, E44.

Downloads

Download data is not yet available.

Downloads

Published

2022-06-06

How to Cite

Dajcman, S. (2022). Uncertainty and Demand for Business Loans: A Study of Selected Countries in the Euro Area. Panoeconomicus, 1–18. https://doi.org/10.2298/PAN180725013D

Issue

Section

Original scientific paper