Results 1 to 10 of about 2,674,306 (300)
Bank lending channel and monetary policy in Nigeria [PDF]
We find that the Central Bank of Nigeria's (CBN) policy of consolidation and restructuring from 2002 to 2008 strengthened the bank lending channel (BLC). We use the Generalised Method of Moments (GMM) two step estimator to test the existence of the BLC using a sample of 23 banks.
Roman Matoušek
exaly +5 more sources
The Bank lending channel and sovereign risk: Effects on significant and less significant banks after the implementation of the Banking Union [PDF]
The Banking Union (BU) has given rise to the distinction between two types of banks, significant banks and less significant ones. This distinction may have produced asymmetries in the transmission of monetary policy, which has not been analysed by the ...
Sergio Sanfilippo-Azofra +2 more
doaj +2 more sources
The Bank Lending Channel Reconsidered [PDF]
It has been widely accepted that constraints on the wholesale funding of bank balance sheets amplify the transmission of monetary policy through what is called the 'bank lending channel'. We show that the effect of such bank balance sheet constraints on monetary transmission is in fact theoretically ambiguous, with the prior expectation, based on ...
Milne , Alistair, Wood, Geoffrey
core +6 more sources
Evidence on the bank-lending channel in Ukraine [PDF]
The existence of the bank lending channel has important implications for the conduct of monetary policy by a central bank. The literature predicts that if the bank lending channel is present, banks should cut back on lending in response to monetary contraction and weak undercapitalized banks should show greater change in loans than well established ...
exaly +2 more sources
Evaluating the Effect of Bank Characteristics on Bank Lending Channel: A Factor-augmented Vector Autoregressive (FAVAR) Approach [PDF]
Objective: In this study, we investigated the existence of the bank lending channel (BLC) as one of the monetary transmission mechanisms and the effect of banking characteristics on this channel in the Iranian economy.
Javad Serkanian +3 more
doaj +1 more source
An Ardl Approach to Identify Bank Landing Channel in Indonesia
This paper tests whether the bank lending channel works in Indonesia. It develops an error correction representation of the Autoregressive Distributed Lag (ARDL) model of two bank credit markets.
Akhsyim Afandi
doaj +9 more sources
This paper investigates the effectiveness of the bank lending channel as a mechanism for monetary policy transmission in dual banking systems. Using generalized method of moments (GMM) estimators, we examine how market power and the presence of Islamic ...
Kinan Salim +3 more
doaj +1 more source
Loan Types and the Bank Lending Channel [PDF]
Using credit-registry data for Spain and Peru, we document that four main types of commercial credit—asset-based loans, cash flow loans, trade finance and leasing—are easily identifiable and represent the bulk of corporate credit. We show that credit growth dynamics and bank lending channels vary across these loan types.
Ivashina, Victoria +2 more
openaire +2 more sources
FOREIGN BANKS AND THE BANK LENDING CHANNEL [PDF]
We provide new evidence on bank ownership and transmission of monetary policy using bank‐level data on 453 banks in Central and Eastern European economies between 1998 and 2012. Only domestic banks adjust loans to changes in monetary policy, while foreign banks do not. Conventional wisdom says that this is because foreign banks can rely on parent banks'
Piotr Denderski, Wojtek Paczos
openaire +3 more sources
Securitisation and the bank lending channel [PDF]
Abstract The dramatic increase in securitisation activity experienced in Europe in the years following the introduction of the euro has altered the liquidity, credit and maturity transformation role traditionally performed by banks. We claim that the changing role of credit intermediaries due to securitisation has also modified the effectiveness of ...
Altunbas, Yener +2 more
openaire +4 more sources

