US banks’ behavior since Lehman’s collapse, bailout uncertainty and ambiguity aversion Alex Cukierman 1.

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Presentation transcript:

US banks’ behavior since Lehman’s collapse, bailout uncertainty and ambiguity aversion Alex Cukierman 1

2 Source: Cukierman (2013), "Monetary policy and institution before, during, and after the global financial crisis", Journal of Financial Stability, forthcoming

3

4 Source: Cukierman (2013), "Monetary policy and institution before, during, and after the global financial crisis", Journal of Financial Stability.

5

Average growth of US commercial banks' credit by subperiods at annual rates 6 Yearly growth of US commercial banks' credit Time period 7.15%January August %August June %June May 2013

Thank You 7