Credit channels in Europe: a cross-country investigation

Autor:	G.J. DE BONDT
Jazyk:	angličtina
Rok vydání:	2013
Předmět:	Economic research credit channels monetary transmission mechanism Political science Economic theory. Demography HB1-3840
Zdroj:	PSL Quarterly Review, Vol 52, Iss 210 (2013)
Druh dokumentu:	article
ISSN:	2037-3643 2037-3635
DOI:	10.13133/2037-3643/10926
Popis:	The work provides an economic analysis of the monetary transmission mechanism in Europe. The author reviews the literature on the money and credit view before describing cross-country differences in credit channel indicators and examining the existence of credit channels by distinguishing between households and firms. The relative importance of a bank lending and balance sheet channel is discussed by assessing impulse response functions from a vector error correction model. JEL Codes: E51
Databáze:	Directory of Open Access Journals
Externí odkaz:	https://doaj.org/article/3ec25b808daa4b629d1a3eb3fd96cbd1 Zobrazit plný text záznamu View record in DOAJ