The Impact of Banking Sector Distress on Lending and the Monetary Aggregates (Economics)

将对近期银行业困境在信贷和货币总量放缓中所起的作用进行彻底的实证评估。这项研究包括在1990年经济衰退的官方季度之前、期间和之后，检查州和银行层面的横截面数据。这项研究的结果将对银行体系在经济中的作用产生重要影响，这反过来又将对如何在不过度抑制银行的情况下最好地监管银行产生影响。此外，更好地理解银行业问题在货币增长缓慢中所起的作用，将有助于阐明总量在货币政策过程中的适当作用。主办机构的互动活动包括：教授一到两节货币经济学硕士课程，参加每周的货币研讨会，与女研究生举行非正式的午餐会议，并为女大学生举办研讨会，鼓励她们从事经济学方面的职业。该项目进一步推进了VPW计划的目标，即(1)为女性提供在工程和NSF支持的科学学科中发展职业的机会；(2)通过为在工业、政府和学术机构工作的女性科学家和工程师提供更大的知名度，鼓励女性在科学和工程领域追求职业。通过鼓励妇女参与科学，这是对国家未来科学活力的宝贵投资。

A thorough empirical evaluation of the role that recent banking sector distress has played in the slowdown of the credit and money aggregates will be undertaken. The research involves examining cross-sectional data at the state and bank level, prior to, during, and after the official quarters of the 1990 recession. The results of this study will have important implications for the role of the banking system in the economy, which in turn will have implications for how best to regulate banks without unduly inhibiting them. In addition, a better understanding of the role that banking sector problems have played in the sluggish money growth will help to shed light on the appropriate role of the aggregates in the monetary policy process. Interactive activities at the host institution include: teaching one to two masters level classes in monetary economics, participating in the weekly monetary workshop, having informal lunch meetings with female graduate students, and conducting workshops for undergraduate women to encourage them to pursue careers in economics. This project furthers VPW program objectives which are (1) to provide opportunities for women to advance their careers in engineering and in the disciplines of science supported by NSF and (2) to encourage women to pursue careers in science and engineering by providing greater visibility for women scientists and engineers employed in industry, government, and academic institutions. By encouraging the participation of women in science, it is valuable investment in the Nation's future scientific vitality.