the possible repercussions of changing the level of official interest rates is the ability to influence the size of bank … lending, by means of the bank lending channel. The key aspect our research is a thorough understanding of the functioning of … the bank lending channel, with the main goal of this study being an examination of the efficiency of monetary policy …

with respect to the efficacy of the bank lending channel. This paper summarizes the issues associated with isolating the … bank lending channel and determining the extent to which it is operational. Evidence on the effectiveness of the bank …

contractionary impact on bank loan supply. As the newly created excess reserves are heterogeneously distributed across euro area … countries, the impact of QE on bank loan supply may differ across countries. Moreover, we derive implications for monetary … policy implementation. Increases in the central bank's main refinancing rate as well as in the minimum reserve ratio and …

The article supplements the research on the effectiveness of monetary policy transmission - especially through the bank … commercial and cooperative banks. How a change in the central bank's interest rates may determine a change in the volume of loans …