Does the Bank Lending Channel of Monetary Transmission Work in Turkey? /

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...

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Bibliographic Details
Main Author: Koeva Brooks, Petya
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2007.
Series:IMF Working Papers; Working Paper ; No. 2007/272
Online Access:Full text available on IMF