The impact of interest rate policy on credit union lending during a crisis period

dc.contributor.author	Nguyen, Lan Thi Mai
dc.contributor.author	Luu, Hiep Ngoc
dc.contributor.author	Nguyen, Thao Thi Phuong
dc.date.accessioned	2024-10-24T12:42:46Z
dc.date.available	2024-10-24T12:42:46Z
dc.date.issued	2022-05-19
dc.identifier.uri	https://vinspace.edu.vn/handle/VIN/347
dc.description.abstract	We exploit the variation in the exposure to the Covid-19 pandemic of US states as a quasi-natural experiment to examine the impact of interest rate policy on credit union lending. We find that the interest rate cut can only enhance credit union lending in states that are less affected by the Covid-19 pandemic whilst hampering credit union lending in more affected states. This result is consistent across a number of robustness tests.	en_US
dc.language.iso	en	en_US
dc.subject	interest rate cut	en_US
dc.subject	zero policy rate	en_US
dc.subject	credit union lending	en_US
dc.subject	covid-19 pandemic	en_US
dc.title	The impact of interest rate policy on credit union lending during a crisis period	en_US
dc.type	Article	en_US

Nguyen Thi Mai Lan (Alex), PhD., CFA [6]
Program Director, Bachelor of Business Administration, College of Business and Management