题目：Dynamics of Access to Credit and Perceptionsof Lending Policy: Survey Evidence from Austria
报告人：Jarko Fidrmuc （德）ZeppelinUniversity of Friedrichshafen
时间：2016年4月29日上午9: 30 -11: 00
地点：博萃楼阳光房
论文：学院内网
【论文摘要】Bank lending has been a major concern sincethe financial crisis. We study the effect of a firm’s own credit marketexperience on its perceived bank lending policy using the Austrian BusinessClimate Survey between 2011 and 2014 and. Our results show that firms’perceptions of aggregate lending policy depend on their individual creditmarket experience. Only if they get the loan at the expected terms, firms aremore likely to perceive the banks’ lending policy positively. Moreover, firmsare more likely to update their perceptions during the period in which theyneed a loan. Our results are in line with theories on sticky information,rational inattention and pessimism bias when forming perceptions.
【报告人简介】Dr.Fidrmuc is aProfessor of International Economics at Zeppelin University of Friedrichshafen. He holds a doctorate in the Social andEconomic Sciencesfrom University of Vienna. His research interestincludes International Economics and Institutional Economics.
