Chang, Jui-Chuan; Tsong, Ching-Chuan; Wu, Chieh-Tsung - In: Journal of Economics and Management 6 (2010) 2, pp. 229-246
. First of all, we investigate whether there exist the distributional effects of monetary policy on bank lending behavior … can show the existence of bank lending channel. Secondly, we examine the differentials of bank credits in response to a … the monetary policy asymmetry and the distributional effect of bank credits. Our empirical results find that the bank …