Heterogeneous Bank Lending Responses to Monetary Policy : New Evidence from a Real-time Identification /
We present new evidence on how heterogeneity in banks interacts with monetary policy changes to impact bank lending. Using an exogenous policy measure identified from narratives on FOMC intentions and real-time economic forecasts, we find much greater heterogeneity in U.S. bank lending responses tha...
| Autore principale: | |
|---|---|
| Altri autori: | , |
| Natura: | Periodico |
| Lingua: | English |
| Pubblicazione: |
Washington, D.C. :
International Monetary Fund,
2013.
|
| Serie: | IMF Working Papers; Working Paper ;
No. 2013/118 |
| Accesso online: | Full text available on IMF |