Showing 1 - 10 of 8,748
technique, the study shows that interbank borrowing has a significant impact on the bank credit, and an inverse relationship …
Persistent link: https://www.econbiz.de/10013065703
The article supplements the research on the effectiveness of monetary policy transmission - especially through the bank lending channel. The current study focuses on assessing the transmission of monetary impulses through commercial and cooperative banks as well as through individual loan...
Persistent link: https://www.econbiz.de/10014515074
Economic theory traditionally suggests that monetary policy can influence the business cycle, but not the long-run potential output. Despite well documented theoretical and empirical consensus on money neutrality in the literature, the role of money as an informational variable for monetary...
Persistent link: https://www.econbiz.de/10011409905
This paper sets out an empirical framework for examining the dynamics of money and credit at a sectoral level. Our … stocks of broad money and credit held by different sectors. Each sector is modelled as a separate block with money, credit … second, the effect of disturbances to credit markets. We also discuss how other policy tools, such as the Funding for Lending …
Persistent link: https://www.econbiz.de/10014132639
panel of data on Australian Authorized Deposit-Taking Institutions (ADIs), we show that the supply of credit is vulnerable …
Persistent link: https://www.econbiz.de/10014354754
banks during the 1990s on credit allocation using the Short-term Economic Survey of Enterprises. This survey includes a … from our model. We found that credit was reduced when the balance sheet of firms and banks deteriorated. The effects are … particularly significant for non-manufacturing industries. -- Tankan Survey ; Credit crunch ; Ever-greening ; Non-performing loans …
Persistent link: https://www.econbiz.de/10003407383
bank liquidity induces a tightening impact on credit supply, as intended when central banks reduce their balance sheets … rapidly adapt to the new environment. Moreover, we show that the associated reduction in credit supply has real economic …
Persistent link: https://www.econbiz.de/10015179820
In this paper the authors focus on credit connections as a potential source of systemic risk. In particular, they seek … to answer the following question: how do we find densely connected subsets of nodes within a credit network? The question … decomposition method. To illustrate this method they provide a community description of the Japanese bank-firm credit network …
Persistent link: https://www.econbiz.de/10009611459
In this paper the authors focus on credit connections as a potential source of systemic risk. In particular, they seek … to answer the following question: how do we find densely connected subsets of nodes within a credit network? The question … this method they provide a community description of the Japanese bank-firm credit network, getting evidence of a …
Persistent link: https://www.econbiz.de/10009731380
The complexity of credit money is seen as the central issue in the banking-macro nexus, which the author considers as a … of credit rules shapes economic networks between households, firms, banks, governments and central banks in space and … in agent-based models of the banking-macro nexus. -- 20th century origins of the theory of money ; Schumpeterian credit …
Persistent link: https://www.econbiz.de/10009683036