? (3) if not, is the bank lending channel a likely candidate to complete the story? We find plausible euro-area wide … almost all. Where the IRC is not dominant, there is normally some direct evidence supporting the presence of a bank lending …

Central Bank ECB) in meeting its operational target for the short-term interest rate and the impact of the U.S. sub …

A growing number of studies have sought to measure the effects of non-standard policy on bank funding markets. The … purpose of this paper is to carry those estimates a step further by looking at the effects of bank funding market stress on … the volume of bank lending, using a simultaneous equation approach. By separately modeling loan supply and demand, we …

This paper investigates both cross-sectional asymmetry (related to bank-specific characteristics like size and … liquidity) and asymmetries over time (potentially related to the overall state of the economy) in Austrian bank lending reaction … rate changes over time on bank lending. During economic recovery, lagged interest rate changes have no significant effect …

This study contributes to the empirical evidence on the lending channel in the Netherlands using individual bank data … the lending channel theory. A contribution of this study is that it gives evidence that the monetary policy impact on bank … lending also depends on the market segment in which a bank is active. The evidence suggests that the lending channel is not …

monetary policy does alter bank loan supply, with the effects most dependent on the liquidity of individual banks. Unlike in … the US, the size of a bank does generally not explain its lending reaction. We also show that the standard publicly …

This paper uses panel data on banks, for the period 1991-98, to test the existence of a bank-lending channel in the … analyse the differential responses, to monetary policy changes, of bank lending by banks with different size, liquidity and … results are mostly against the existence of a bank-lending channel in the period under analysis. This result appears to be …

This paper analyses empirically the role of bank lending in monetary policy transmission on the basis of Greek bank … variables to bank loans in the spirit of Kashyap and Stein's work. The other, which in general yields more satisfactory results … balance-sheet characteristics on banks' ability to supply loans and investigates directly the behaviour of bank loan supply. A …