Buch, Claudia M.; Bussière, Matthieu; Goldberg, Linda S.; … - 2018
, especially for U.S. policies, and bank-specific heterogeneity influences the magnitudes of transmission. The effects are … supportive of the international bank lending channel and the portfolio channel of monetary policy transmission. They also show … source of heterogeneity. The forms of bank balance sheet heterogeneity that differentiate spillovers across banks are not …