Showing 1 - 10 of 494
monetary policy through the credit channel in Brazil. The study verifies if the monetary policy, the economic activity and the … activity and the process of anchoring of inflation expectations affect the supply of credit in Brazil. Moreover, the paper … maturity of the inflation targeting regime affect the supply of credit. Design/methodology/approach – The paper offers a review …
Persistent link: https://www.econbiz.de/10014864360
supply of credit as well as the influence of such policies on the aggregate investment through the credit channel in Brazil … through the bank lending channel. With regards to elasticities, the findings indicate that the credit is very sensitive to … variations in economic activity and, in turn, prudential regulation presents a stronger influence on credit than the basic …
Persistent link: https://www.econbiz.de/10014864675
collateral, guarantee, credit ranking, financing agreement and leasing obligation. Originality/value – This study extends the …
Persistent link: https://www.econbiz.de/10014785553
Purpose – The purpose of this paper is to evaluate threshold effects in the persistence of South African aggregate inflation data. Design/methodology/approach – The conventional approach for assessing the degree of persistence within an inflation process is via its integration properties....
Persistent link: https://www.econbiz.de/10014866867
financial crisis. Emphasis is placed on differences among the mortgage, consumer credit and business loan securitization markets …-through with securitization are less in the consumer credit and business loan markets after the recent financial crisis relative to … rate transmission after the recent financial crisis point to the role on nonbanks in consumer credit and business loans and …
Persistent link: https://www.econbiz.de/10014866935
Purpose – This article aims to analyze if the adoption of inflation targeting in Brazil contributed to an improvement …‐offs. Findings – The findings denote that the disinflationary process implemented in Brazil, after the adoption of inflation …
Persistent link: https://www.econbiz.de/10014863192
Purpose – The purpose of this paper is to make an analysis of the Brazilian experience after the adoption of inflation targeting concerning the effects caused by the new practices of transparency and communication in the monetary policy. Design/methodology/approach – Changes in the financial...
Persistent link: https://www.econbiz.de/10014863354
Summary In a framework of a monetary asset pricing model with production the effects of monetary and fiscal policy shocks are investigated. The model is kept simple enough to generate explicit formulae for the equilibrium price functions. With money yielding liquidity services in the exchange...
Persistent link: https://www.econbiz.de/10014608656
Souveränität in geldpolitischen Fragen an die Europäische Zentralbank ab. Die Geldpolitik scheidet somit als Instrument der … Rezession) zukommt, so kann die Vereinheitlichung der Geldpolitik zu negativen Auswirkungen auf die konjunkturelle Entwicklung … Geldpolitik auf die Entwicklung der kurzfristigen Zinssätze analysiert, um schließlich mittels einer VAR-Analyse Aufschluß über …
Persistent link: https://www.econbiz.de/10014608685
Summary This paper investigates the borrowing behavior of 2,900 French and 1,300 German firms over the 1987-95 period. Both samples based on data sets of the Banque de France and the Deutsche Bundesbank not only include large but also small and medium-sized enterprises. Applying GMM techniques,...
Persistent link: https://www.econbiz.de/10014608858