Monetary Transmission in Brazil : Has the Credit Channel Changed? /

This paper investigates the transmission of monetary policy by private banks in Brazil during the recent easing cycle. The analysis presented uses a panel dataset with information on lending by private banks in Brazil and concludes that monetary transmission through lending volumes was not impaired....

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Bibliographic Details
Main Author: Garcia-Escribano, Mercedes
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2013.
Series:IMF Working Papers; Working Paper ; No. 2013/251
Online Access:Full text available on IMF