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data on 51 African countries over the period of 2012 to 2019 were used. Secondary data were sourced from the World Bank …
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loan portfolio relatively unaffected. This may explain why the evidence for a bank lending channel in Germany seems to be …
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A crucial condition for the existence of a credit channel through bank loans is that monetary policy should be able to … change bank loan supply. This paper contributes to the discussion on this issue by presenting empirical evidence from dynamic … the average bank reduces its lending more sharply in reaction to a restrictive monetary policy measure, the lower its …
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