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Monetary policy transmission in Poland : a study of the importance of interest rate and credit channels

Łyziak, Tomasz; Przystupa, Jan; Wróbel, Ewa - 2008

Poland show that the credit channel operates. It seems however, that factors through which it affects the aggregate demand …The importance of credit in the monetary transmission mechanism has recently attained a lot of attention due to a … growing understanding that credit market imperfections can have an impact on the monetary policy effectiveness. In this study …

Persistent link: https://www.econbiz.de/10011704610

Monetary policy transmission in Poland : a study of the importance of interest rate and credit channels

Łyziak, Tomasz; Przystupa, Jan; Wróbel, Ewa - 2008

Persistent link: https://www.econbiz.de/10003669912

The impact of monetary policy and exchange rate shocks in Poland : evidence from a time-varying VAR

Arratibel, Olga; Michaelis, Henrike - 2013

effect. (2) Consumer prices appear more responsive to an interest rate shock during the first half of our sample, when Poland …

Persistent link: https://www.econbiz.de/10010439334

International banking and liquidity risk transmission : lessons from across countries

Buch, Claudia M.; Goldberg, Linda S. - 2014

Activities of international banks have been at the core of discussions on the causes and effects of the international financial crisis. Yet, we know little about the actual magnitudes and mechanisms for transmission of liquidity shocks through international banks, including the reasons for...