Monetary policy announcements and bank lending: Do banks’ refinancing markets matter?
Sign Up to like & getrecommendations! Published in 2021 at "Economic Modelling"
DOI: 10.1016/j.econmod.2021.105559
Abstract: Abstract How do bank loans respond to monetary policy shocks? The bank lending channel holds that banks' refinancing costs are crucial. This paper shows that what ultimately matters are shifts in the supply of funds… read more here.
Keywords: bank; policy shocks; monetary policy; bank lending ... See more keywords