Bank Lending and Interest Rate Changes in a Dynamic Matching Model /

This paper presents theory and evidence on the dynamic relationship between aggregate bank lending and interest rate changes. Theoretically, it proposes and solves a stochastic matching model where credit expansion and contraction are time consuming. It shows that the response of bank lending to cha...

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书目详细资料
主要作者: Dell'Ariccia, Giovanni
其他作者: Garibaldi, Pietro
格式: 杂志
语言:English
出版: Washington, D.C. : International Monetary Fund, 1998.
丛编:IMF Working Papers; Working Paper ; No. 1998/093
在线阅读:Full text available on IMF