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Flow of funds, and the impact of financial controls on bank portfolio behaviour : a study of India

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The Effects of Monetary Policy Shocks : Some Evidence from the Flow of Funds

Christiano, Lawrence J.; Eichenbaum, Martin; Evans, … - 2022

This paper uses the Flow of Funds accounts to assess the impact of a monetary policy shock on the borrowing and lending activities of different sectors of the economy. Our measures of contractionary monetary policy shocks have the following properties: (i) they are associated with a fall in...

Persistent link: https://www.econbiz.de/10013322315