Schmidt, Julia; Caccavaio, Marianna; Carpinelli, Luisa; … - 2018
In this paper we provide empirical evidence on the impact of US and UK monetary policy changes on credit supply of … US monetary policy tightening leads to a reduction of lending to the domestic economy in both France and Italy, and this … Italian banks are isolated from UK monetary policy shocks, as most of their UK funding is denominated in Euro, despite being …