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Monetary Policy and Bank Lending

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NBER1993-04-01 更新2025-01-04 收录
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https://www.nber.org/papers/w4317
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This paper surveys recent work that relates to the "lending" view of monetary policy transmission. It has three main goals: 1) to explain why it is important to distinguish between the lending and "money" views of policy transmission; 2) to outline the microeconomic conditions that are needed to
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1993-04-01
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