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|c 5.00 USD
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|z 9781451868357
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|a 1018-5941
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|a BD-DhAAL
|c BD-DhAAL
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|a Koeva Brooks, Petya.
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|a Does the Bank Lending Channel of Monetary Transmission Work in Turkey? /
|c Petya Koeva Brooks.
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|a Washington, D.C. :
|b International Monetary Fund,
|c 2007.
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|a 1 online resource (11 pages)
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|a IMF Working Papers
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|a <strong>Off-Campus Access:</strong> No User ID or Password Required
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|a <strong>On-Campus Access:</strong> No User ID or Password Required
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|a Electronic access restricted to authorized BRAC University faculty, staff and students
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|a Does the bank lending channel of monetary transmission work in Turkey? Using the May- June 2006 financial turbulence as an exogenous shock that prompted a significant tightening of monetary policy, this paper examines the loan supply response of Turkey's banks, depending on their balance sheet characteristics. The empirical results indicate that banks can play a role in Turkey's monetary transmission mechanism. Specifically, bank liquidity is found to have a significant effect on loan supply in Turkey. This suggests that the effect of monetary policy in Turkey can be propagated by the banking sector, depending on its liquidity position.
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|a Mode of access: Internet
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|a IMF Working Papers; Working Paper ;
|v No. 2007/272
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|z Full text available on IMF
|u http://elibrary.imf.org/view/journals/001/2007/272/001.2007.issue-272-en.xml
|z IMF e-Library
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