Salah, Nesrine Ben; Fedhila, Hassouna - In: Studies in Economics and Finance 31 (2014), pp. 168-185
Purpose – The purpose of this paper is to assess the effect of securitization on US bank lending and monetary policy transmission. Design/methodology/approach -The authors use a sample of 174 US commercial banks from 2001 to 2008 and regress the ratio of total loans per total assets on...