Asymmetries in the bank lending channel of monetary policy in the United States

被引：4
|
作者：
Sapriza, Horacio [1 ]
Temesvary, Judit [1 ]
机构：
[1] Fed Reserve Board, Div Monetary Affairs, K1-5502,1801 K St NW, Washington, DC 20006 USA
来源：
ECONOMICS LETTERS | 2020年 / 189卷
关键词：
Bank lending channel; Monetary policy transmission; Expansionary monetary policy stance;
D O I：
10.1016/j.econlet.2020.109050
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
We study the presence of asymmetries in the transmission of monetary policy in the United States. We find that the bank lending channel is stronger when the Federal Reserve tightens monetary policy, particularly when the monetary policy stance is expansionary. Published by Elsevier B.V.
引用
收藏
页数：4
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