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Discussion Paper
Supply Chain Risk and Bank Lending Amid Trade Policy Uncertainty
During times of increased trade policy uncertainty and geopolitical tensions, supply chain disruptions can be an important source of instability. Due to the interconnected nature of modern economies, problems in one market can often ripple across others, triggering logistical bottlenecks and longer delivery times.
Discussion Paper
Measuring Shocks to Banks’ Expectations for Lending Standards Using the Senior Loan Officer Opinion Survey
Relatively little is known about how banks form their expectations about future credit supply, with a nascent stream of work documenting the role of past experiences in shaping banks' expectations for macroeconomic and credit performance and, in turn, their credit supply decisions (Ma et al., 2022; Falato and Xiao, 2024).