This paper aims to analyze changes in the transmission of monetary policy via bank lending when considering the impact … of the COVID-19 pandemic and the financial crisis. Using bank-level data of 31 commercial banks in Vietnam from 2007 to … 2021, we provide consistent evidence that the impact of monetary policy on bank lending tends to be more pronounced in the …

To measure the real effects of credit-supply disruptions during financial crises, we develop a quantitative model of …, census-type panel dataset for manufacturing firms and find that the contraction in credit supply during the Greek Depression … and uncertainty. Our empirical framework does not require cross-sectional variation in credit-supply conditions to …