Historical Perspectives on the Monetary Transmission Mechanism
收藏NBER1993-04-01 更新2025-01-04 收录
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https://www.nber.org/papers/w4326
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资源简介：
This paper examines changes over time in the importance of the lending channel in the transmission of monetary shocks to the real economy. We first use a simple extension of the Bernanke-Blinder model to isolate the observable factors that affect the strength of the lending channel. We then show
提供机构：
美国国家经济研究局创建时间：
1993-04-01
