Nonbanks, credit provision and the transmission of monetary policy in Denmark

We analyse the role of nonbank lenders in corporate and consumer credit markets in Denmark and show that they affect the transmission of monetary policy to financial and real outcomes. Nonbanks increase their share of credit supply after an interest rate hike in both the consumer and corporate credit markets.

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Year of publication:	2021
Authors:	Cucic, Dominic ; Gorea, Denis
Publisher:	Copenhagen : Danmarks Nationalbank
Subject:	Monetary policy \| Lending rate \| Financial sector

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Series:	Economic Memo ; 8
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Research Report
Language:	English
Other identifiers:	1814972277 [GVK] hdl:10419/261823 [Handle]
Source:	EconStor

Persistent link: https://www.econbiz.de/10013326756