Boeckx, Jef; Sola Perea, Maite de; Peersman, Gert - 2016
indeed been successful in stimulating the credit flow of banks to the private sector. Second, we find support for the "bank … lending view" of monetary transmission. Specifically, the policies have had a greater impact on loan supply of banks that are … effect). The role of bank capital is, however, ambiguous. Besides the above favorable direct effect on loan supply, lower …