How Important is the Credit Channel in the Transmission of Monetary Policy?
收藏NBER1993-03-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w4285
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资源简介：
This paper empirically tests the importance of the credit channel in the transmission of monetary policy. Three credit variables are analyzed: total bank loans, bank holdings of securities relative to loans, and the difference in the growth rate of short-term debt of small and large firms. In order
提供机构：
美国国家经济研究局
创建时间：
1993-03-01
