Financial Structure, Bank Lending Rates, and the Transmission Mechanism of Monetary Policy /

The stickiness of bank lending rates with respect to money market rates is often regarded as an obstacle to the smooth transmission of monetary policy impulses. Yet, no systematic measure of the different degree of lending rate stickiness across countries has been attempted. This paper provides such...

Deskribapen osoa

Xehetasun bibliografikoak
Egile nagusia: Kourelis, Angeliki
Beste egile batzuk: Cottarelli, Carlo
Formatua: Aldizkaria
Hizkuntza:English
Argitaratua: Washington, D.C. : International Monetary Fund, 1994.
Saila:IMF Working Papers; Working Paper ; No. 1994/039
Sarrera elektronikoa:Full text available on IMF