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Bank Lending Conditions during the Pandemic

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Abstract

The COVID-19 pandemic has been a large shock to economies and financial systems around the world. In the beginning, as governments introduced unprecedented measures to contain the quickly spreading virus and households hunkered down to socially distance from one another, output plummeted, unemployment skyrocketed, and significant financial stress materialized.

Suggested Citation

  • David Bodovski & Hannah Firestone & Seung Jung Lee & Viktors Stebunovs, 2021. "Bank Lending Conditions during the Pandemic," FEDS Notes 2021-10-15-2, Board of Governors of the Federal Reserve System (U.S.).
  • Handle: RePEc:fip:fedgfn:2021-10-15-2
    DOI: 10.17016/2380-7172.3000
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    File URL: https://www.federalreserve.gov//econres/notes/feds-notes/bank-lending-conditions-during-the-pandemic-20211015.htm
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