A regional perspective on the credit view
An explanation of how regional credit-market performance can affect local economic activity, showing how imbalances in financial capacity across regions cause capital-poor regions to be underfunded. This reduced financial capacity is related to economic activity in states that are experiencing low growth.
Volume (Year): (1991)
Issue (Month): Q II ()
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- Bernanke, Ben S, 1983.
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583, Queen's University, Department of Economics.
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- Douglas W. Diamond, 1984. "Financial Intermediation and Delegated Monitoring," Review of Economic Studies, Oxford University Press, vol. 51(3), pages 393-414.
- Katherine A. Samolyk, 1989. "The role of banks in influencing regional flow of funds," Working Paper 8914, Federal Reserve Bank of Cleveland.
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