Bank Leverage and Monetary Policy's Risk-Taking Channel : Evidence from the United States /
We present evidence of a risk-taking channel of monetary policy for the U.S. banking system. We use confidential data on the internal ratings of U.S. banks on loans to businesses over the period 1997 to 2011 from the Federal Reserve's survey of terms of business lending. We find that ex-ante ri...
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その他の著者: | , |
フォーマット: | 雑誌 |
言語: | English |
出版事項: |
Washington, D.C. :
International Monetary Fund,
2013.
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シリーズ: | IMF Working Papers; Working Paper ;
No. 2013/143 |
オンライン・アクセス: | Full text available on IMF |