that well-functioning credit markets would reflect a bank channel for monetary policy at work, we test whether a change in … and the associated change in interest rate does not affect change in bank credit, change in total debt and the proportion … of bank credit in total debt for any of the firms. We discuss the policy implications of the findings. …

This paper studies the relationships between inflation, economic activity, credit, monetary policy, and residential … significant responses to a monetary policy shock. Shocks to asset prices have a positive, significant effect on GDP and credit …

with the pandemic response measures, banks' ability to supply credit would have been severely affected. The results also … measures in supporting liquidity conditions and helping to sustain the flow of credit to the private sector. Finally, we …

particular, NBFIs' C&I loans "decrease" substantially in the beginning periods; however, NBFIs' mortgages and consumer credit …

. The findings suggest that the credit-to-GDP gap could potentially function as an early warning indicator of financial … nonfinancial sector credit and is not symmetric throughout the considered period, with monetary policy transmission being …