Web1 apr. 2024 · Over the years, a large literature attempted to identify the impact of traditional monetary policy via the bank lending channel. While the effects of QE can … WebThis paper investigates the role of bank lending in the monetary transmission process in the Netherlands. We observe significant differences between the responses of corporate …
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Weblending less dependent on monetary-policy shocks, irrespective of their internal liquidity positions.8 The rest of the paper proceeds as follows. Sec-tion I describes our data set. … Webpersistence and standard deviation of the monetary shocks across countries are 0.3 and 0.25%, respectively. We now estimate the effects of monetary shocks on spreads with a panel regression, where we project spreads for country c at time t on a vector of monetary shocks with L lags and additional controls Zc,t spr c,t = L ∑ h=0 β hε m c,t ... key west cuban coffee key west fl
The rise of non-bank finance and its implications for monetary …
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