Tuesday - December 16, 2025
Federal Reserve Bank of Richmond: 'Credit Supply Shocks During a Non-Financial Recession'
November 19, 2025
RICHMOND, Virginia, Nov. 19 (TNSLrpt) -- The Federal Reserve Bank of Richmond issued the following white paper (No. 25-11) in Novemebr 2025 by Alex Rivadeneira, Carlo Alcaraz, Nicolas Amoroso, Rodolfo Oviedo, Brenda Samaniego de la Parra and Horacio Sapriza entitled "Credit Supply Shocks During a Non-Financial Recession."

Here are excerpts:

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We study the drivers and real effects of credit supply shocks during a major non-financial recession, . . .

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