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...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Bluedorn, John
مؤلفون آخرون: Bowdler, Christopher, Koch, Christoffer
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2013.
سلاسل:IMF Working Papers; Working Paper ; No. 2013/118
الوصول للمادة أونلاين:Full text available on IMF