Cao, Jin; Dinger, Valeriya; Gómez, Tomás; Gric, Zuzana; … - 2021 - Last updated: November 30, 2021
We explore the impact of low and negative monetary policy rates in core world economies on bank lending in four small open economies-Canada, Chile, the Czech Republic and Norway- using confidential bank-level data. Our results show that the impact on lending in these small open economies depends...