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...

Cur síos iomlán

Sonraí bibleagrafaíochta
Príomhchruthaitheoir: Kourelis, Angeliki
Rannpháirtithe: Cottarelli, Carlo
Formáid: IRIS
Teanga:English
Foilsithe / Cruthaithe: Washington, D.C. : International Monetary Fund, 1994.
Sraith:IMF Working Papers; Working Paper ; No. 1994/039
Rochtain ar líne:Full text available on IMF