this link using a factor-augmented vector autoregressive model (FAVAR) which extends a standard VAR for the U …

this link using a factor-augmented vector autoregressive model (FAVAR) which extends a standard VAR for the U …

activities. This paper provides evidence on the link between monetary policy, commercial property prices, and bank risk taking …. We use a factor-augmented vector autoregressive model (FAVAR) for the U.S. for the period 1997-2008. We include standard …. These data allow modeling the reactions of banks' new lending volumes and prices as well as the riskiness of new loans. We …

prices and the risk-taking incentives of banks. We use a factor-augmented vector autoregressive model (FAVAR) for the U … monetary policy loosening or an unexpected increase in property prices. This masks, however, important differences across …

policy shock in US data. Our VAR includes net business formation, profits and markups. We evaluate two channels through which … demand for existing goods more elastic, and thus lowers desired markups and prices. Through the variety effect, increased …

.e., conventional versus Islamic, in Pakistan between 2002:II to 2010:I. We find that following a monetary contraction, small banks with …

Pakistan using co-integration and causality analysis during the period 0f 1972-2010. A large number of empirical studies on the … controlling inflation in Pakistan. The present study fills the gap in the literature by analyzing the nexus of monetary policy …, inflation and growth in Pakistan. The results indicate that credit to private sector, the variable of financial depth, real …

have stronger effects on output, consumption, and wages in the earlier sample. We try to account for this observation …

find that a contractionary US monetary policy shock leads to a persistent fall in international output, a drop in global … negative shock to foreign real GDP growth. …

. Andererseits wäre im Fall steigender Vermögenspreise eine restriktivere Geldpolitik erforderlich, die die Dynamik von Produktion … die USA, den Euroraum, Japan und Großbritannien spezifiziert. Während die Geldpolitik keinen Einfluss auf die Entwicklung … eine restriktivere Geldpolitik bei nicht fundamental begründeten Preissteigerungen tatsächlich dämpfend auf die Entwicklung …