Banks' Exposure to Interest Rate Risk and The Transmission of Monetary Policy
收藏NBER2013-02-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w18857
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资源简介：
We show empirically that banks' exposure to interest rate risk, or income gap, plays a crucial role in monetary policy transmission. In a first step, we show that banks typically retain a large exposure to interest rates that can be predicted with income gap. Secondly, we show that income gap also
提供机构：
美国国家经济研究局
创建时间：
2013-02-01
