This paper evaluates whether fiscal and foreign exchange policy shocks can explain both credit and credit supply in … Venezuela. Empirical evidence suggests that between 65 and 90 percent of credit growth is linked to the buildup of banks …' deposits caused by the monetary effects of fiscal expansions. For these cases, since credit is provided at equal or reduced …

Research subject of this paper is the credit transmission mechanism in the Republic of Macedonia or in other words this …. The credit transmission is analyzed through its narrow nature or so called bank lending channel. In order to explain how … first one is the traditional bank lending channel explained by Bernanke and Blinder model and the second one is the credit …