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...

תיאור מלא

מידע ביבליוגרפי
מחבר ראשי: Dell'Ariccia, Giovanni
מחברים אחרים: Garibaldi, Pietro
פורמט: כתב-עת
שפה:English
יצא לאור: Washington, D.C. : International Monetary Fund, 1998.
סדרה:IMF Working Papers; Working Paper ; No. 1998/093
גישה מקוונת:Full text available on IMF