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The transmission of monetary policy, especially in light of recent events, has received increased attention, especially with respect to the efficacy of the bank lending channel. This paper summarizes the issues associated with isolating the bank lending channel and determining the extent to...
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. Today, the main buyers of U.S. corporate loans---and, hence, suppliers of funding for these loans---are institutional …
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. Today, the main buyers of U.S. corporate loans - and, hence, suppliers of funding for these loans - are institutional …
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