Hülsewig, Oliver; Mayer, Eric; Wollmershäuser, Timo - In: Journal of banking & finance 30 (2006) 10, pp. 2893-2910
. Applying a VAR model, we estimate the response of bank loans to a monetary policy shock taking into account the reaction of the … impulse responses with the empirical impulse responses to a monetary policy shock. Evidence in support of the credit channel …