Bank Lending in U.S. Presidential Elections
ABSTRACT We provide evidence of a political lending cycle in U.S. presidential elections characterized by an increase in credit supply by large banks in swing states. The credit expansion is independent of the incumbent's party, revealing a non‐partisan preference for political continuity. Growth in mortgage and small business loans is substantial, but does not affect credit quality.
Authors
- Alexander Dentler (ORCID: https://orcid.org/0000-0003-4408-7403)
- Enzo Rossi
Institutions
- Swiss National Bank (CH)
Publication Details
- Journal
- Southern Economic Journal
- Published
- 2026-04-22
- DOI
- https://doi.org/10.1002/soej.70039
- Primary Topic
- Political Influence and Corporate Strategies
- Type
- article
- Field-Weighted Citation Impact
- 0.00