Aktas, Cihan; Tas, Bedri Kamil Onur - In: Journal of BRSA Banking and Financial Markets 1 (2007) 1, pp. 61-76
This paper empirically analyzes the effect of monetary policy changes on loan supply of Turkish banks and presents the evidence that bank lending channel of monetary policy transmission mechanism is operating through the capital adequacy of Turkish banks. By using the CAR as an indicator of...