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...

詳細記述

書誌詳細
第一著者: Dell'Ariccia, Giovanni
その他の著者: Laeven, Luc, Suarez, Gustavo
フォーマット: 雑誌
言語:English
出版事項: Washington, D.C. : International Monetary Fund, 2013.
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