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...

पूर्ण विवरण

ग्रंथसूची विवरण
मुख्य लेखक: Dell'Ariccia, Giovanni
अन्य लेखक: Garibaldi, Pietro
स्वरूप: पत्रिका
भाषा:English
प्रकाशित: Washington, D.C. : International Monetary Fund, 1998.
श्रृंखला:IMF Working Papers; Working Paper ; No. 1998/093
ऑनलाइन पहुंच:Full text available on IMF