Ongena, Steven; Schindele, Ibolya; Vonnak, Dzsamila - Közgazdaság-tudományi Intézet, Közgazdaság- és … - 2014
We analyze the differential impact of domestic and foreign monetary policy on the local supply of bank credit in domestic and foreign currencies. We analyze a novel, supervisory dataset from Hungary that records all bank lending to firms including its currency denomination. Accounting for...