Skip to main content
Economic Synopses logo

These brief essays delve into the economic issues of the day for a generally informed readership.

2009, No. 11 (Posted 2009-02-19)

Putting the Financial Crisis and Lending Activity in a Broader Context

by Kevin L. Kliesen

“Banks typically tighten credit standards and/or loan terms as the economy weakens and nonperforming loans increase. But an adverse shock from outside the financial sector can be just as important—such as a sharp increase in oil prices or a plunge in house prices.”

Cite this article





Subscribe to our newsletter


Follow us

Twitter logo Google Plus logo Facebook logo YouTube logo LinkedIn logo
Back to Top