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- Title
Loan Maturity Structure and the Actualization of Production.
- Authors
Chaya, Jamil
- Abstract
This paper investigates the relationship between bank credit maturity structure and economic growth of the respective economies at the state level within the United States. The results suggest that loan maturity structure in addition to interest rates and credit availability do significantly affect economic growth. Productive economies make greater use of both short and long term credit. The provision of longer term funding at the margin actualizes future production, experiencing greater productivity growth in the present.
- Subjects
FEDERAL Deposit Insurance Corp.; ECONOMIC structure; CREDIT ratings; MARGINS (Futures trading); ECONOMIC expansion; INTEREST rates; PRODUCTIVITY accounting
- Publication
Applied Economics Quarterly, 2021, Vol 67, Issue 1, p27
- ISSN
1611-6607
- Publication type
Article
- DOI
10.3790/aeq.67.1.27