Showing 71 - 80 of 223,899
significance for an in-depth understanding of the Credit Channel of Monetary Policy (CCMP). Therefore, this paper aimed at … Pakistan. It also examines whether TMP influences banks’ credit expansion di erently across bank size and liquidity position … of banks significantly cut their financing in periods of TMP, confirming the existence of the credit channel. The results …
Persistent link: https://www.econbiz.de/10013299309
This paper empirically investigates the impact of monetary policy on the credit supply of Islamicversus conventional … alternative measures of monetary policy on banks'credit supply, we include several bank-specific and macroeconomic variables in … the specificationas control variables. We provide strong evidence on the existence of the credit channel ofmonetary policy …
Persistent link: https://www.econbiz.de/10013305972
We examine how U.S. monetary policy affects the international activities of U.S. Banks. We access a rarely studied US bank-level dataset to assess at a quarterly frequency how changes in the U.S. Federal funds rate (before the crisis) and quantitative easing (after the onset of the crisis)...
Persistent link: https://www.econbiz.de/10011336667
banks' credit supply to firms. To do so, we use creditregistry data from Germany and Portugal together with the European …' financing constraints matter less for the supply of credit and there is more risk taking. To rationalize these findings, we …
Persistent link: https://www.econbiz.de/10013163037
In this paper, we survey the nascent literature on the transmission of negative policy rates. We discuss the theory of how the transmission depends on bank balance sheets, and how this changes once policy rates become negative. We review the growing evidence that negative policy rates are...
Persistent link: https://www.econbiz.de/10012518247
develops a simple analytical framework to study the impact of central bank policy-rate changes on banks' credit supply and risk … increase. Credit market competition plays an important role for the interplay of monetary policy and financing s tability. When … framework to discuss the literature on how monetary policy affects the credit supply of banks, with special emphasis on low and …
Persistent link: https://www.econbiz.de/10012627882
We assess whether central bank credit operations influence the size and composition of bank credit in a negative … interest rate environment. We exploit confidential information from the newly established European credit registry to capture … credit easing measures had a strong positive effect on bank credit, even when controlling for possible confounding factors …
Persistent link: https://www.econbiz.de/10013285962
banks’ credit supply to firms. To do so, we use credit-registry data from Germany and Portugal together with the European …’ financing constraints matter less for the supply of credit and there is more risk taking. To rationalize these findings, we …
Persistent link: https://www.econbiz.de/10013259629
mechanism of the Eurosystem's credit support policies since the start of the crisis. First, we show that these policies have … indeed been successful in stimulating the credit flow of banks to the private sector. Second, we find support for the "bank … responded more to the credit support policies of the Eurosystem as a result of more favourable size, retail and liquidity …
Persistent link: https://www.econbiz.de/10011634998
mechanism of the Eurosystem's credit support policies since the start of the crisis. First, we show that these policies have … indeed been succesful in stimulating the credit flow of banks to the private sector. Second, we find support for the "bank … responded more to the credit support policies of the Eurosystem as a result of more favourable size, retail and liquidity …
Persistent link: https://www.econbiz.de/10011646726