The Credit Effects of Monetary Policy: Evidence Using Loan Commitments
- 1 February 1998
- journal article
- Published by JSTOR in Journal of Money, Credit and Banking
- Vol. 30 (1) , 102
- https://doi.org/10.2307/2601270
Abstract
In addition to the usual channels, monetary policy may affect spending by changing the supply of bank loans and the creditworthiness of borrowers. This paper te...Keywords
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