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...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Dell'Ariccia, Giovanni
مؤلفون آخرون: Garibaldi, Pietro
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 1998.
سلاسل:IMF Working Papers; Working Paper ; No. 1998/093
الوصول للمادة أونلاين:Full text available on IMF