Loan Commitments and Monetary Policy
收藏NBER1987-05-01 更新2025-01-04 收录
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https://www.nber.org/papers/w2232
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资源简介：
The impact of loan commitment agreements on the way in which changes in monetary policy affects the economy is examined. In particular, the empirical relevance of quantity credit rationing in the transmission of monetary policy is studied with VAR models. We find evidence of a differential impact of
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美国国家经济研究局创建时间：
1987-05-01
