Relation between Levels and Changes in Lending Standards Reported by Banks in the Senior Loan Officer Opinion Survey on Bank Lending Practices

Posted: 22 Oct 2015

See all articles by William F. Bassett

William F. Bassett

Board of Governors of the Federal Reserve System

Marcelo Rezende

Board of Governors of the Federal Reserve System

Date Written: January 16, 2015

Abstract

This note uses bank-level answers to the Senior Loan Officer Opinion Survey on Bank Lending Practices (SLOOS) to investigate the relation between levels and changes in lending standards reported by banks. We provide evidence that banks' responses about levels and changes in standards are positively correlated, although this relationship is not clear in summary statistics. These results suggest that banks’ responses to the quarterly SLOOS questions and their annual counterparts contain independent information about their lending practices.

Suggested Citation

Bassett, William F. and Rezende, Marcelo, Relation between Levels and Changes in Lending Standards Reported by Banks in the Senior Loan Officer Opinion Survey on Bank Lending Practices (January 16, 2015). FEDS Notes No. 2015-01-16 https://doi.org/10.17016/2380-7172.1478, Available at SSRN: https://ssrn.com/abstract=3716459

William F. Bassett (Contact Author)

Board of Governors of the Federal Reserve System ( email )

20th Street and Constitution Avenue NW
Washington, DC 20551
United States

Marcelo Rezende

Board of Governors of the Federal Reserve System ( email )

20th Street and Constitution Avenue NW
Washington, DC 20551
United States

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Abstract Views
27
PlumX Metrics