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Despite the changes in the monetary policy of Nigeria through the Central Bank of Nigeria (CBN), the deposit money banks, i.e the commercial banks had not increased the volume of bank loans and advances to the real sector which enhances economic growth and development in Nigeria.As against this...
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This paper offers a comprehensive comparison of the structure of banking and financial markets in the euro area. Based on this, several hypotheses about the role of banks in monetary policy transmission are developed. Many of the predictions that have been proposed for the U.S. are deemed...
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This paper examines the operation of credit channel of monetary policy transmission in India during the post … nominal bank credit, and the other, real bank credit — have been estimated following an approach similar to Hendry's general …-to-specific method. It is obtained that besides the positive influence of economic activity on bank credit, policy-induced expansion or …
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