Monetary Transmission in Brazil : Has the Credit Channel Changed?

This paper investigates the transmission of monetary policy by private banks in Brazil during the recent easing cycle. The analysis presented uses a panel dataset with information on lending by private banks in Brazil and concludes that monetary transmission through lending volumes was not impaired. Instead, the observed diminished lending appears to be related to supply and demand factors, as well as to the rapid expansion of public banks' lending

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Year of publication:	2014
Authors:	Garcia-Escribano, Mercedes
Publisher:	[2014]: [S.l.] : SSRN
Subject:	Geldpolitische Transmission \| Monetary transmission \| Brasilien \| Brazil \| Bank

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Extent:	1 Online-Ressource (21 p)
Series:	IMF Working Paper ; No. 13/251
Type of publication:	Book / Working Paper
Language:	English
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments December 2013 erstellt
Other identifiers:	10.2139/ssrn.2381849 [DOI]
Classification:	E40 - Money and Interest Rates. General ; E43 - Determination of Interest Rates; Term Structure Interest Rates ; E51 - Money Supply; Credit; Money Multipliers ; G21 - Banks; Other Depository Institutions; Mortgages
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10013060547