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...

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Detaylı Bibliyografya
Yazar: Kourelis, Angeliki
Diğer Yazarlar: Cottarelli, Carlo
Materyal Türü: Dergi
Dil:English
Baskı/Yayın Bilgisi: Washington, D.C. : International Monetary Fund, 1994.
Seri Bilgileri:IMF Working Papers; Working Paper ; No. 1994/039
Online Erişim:Full text available on IMF