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...

詳細記述

書誌詳細
第一著者: Dell'Ariccia, Giovanni
その他の著者: Garibaldi, Pietro
フォーマット: 雑誌
言語:English
出版事項: Washington, D.C. : International Monetary Fund, 1998.
シリーズ:IMF Working Papers; Working Paper ; No. 1998/093
オンライン・アクセス:Full text available on IMF