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...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Dell'Ariccia, Giovanni
مؤلفون آخرون: Laeven, Luc, Suarez, Gustavo
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2013.
سلاسل:IMF Working Papers; Working Paper ; No. 2013/143
الوصول للمادة أونلاين:Full text available on IMF