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  • 标题:Monetary policy and bank lending in France: are there asymmetries?
  • 本地全文:下载
  • 作者:Claire Loupias ; Frédérique Savignac ; Patrick Sevestre
  • 期刊名称:Euro Area Balance of Payments and International Investment Position Statistics
  • 印刷版ISSN:1830-3420
  • 电子版ISSN:1830-3439
  • 出版年度:2001
  • 出版社:European Central Bank
  • 摘要:This paper aims at providing some empirical evidence about the impact of monetary policy on Kashyap and Stein (2000) using a panel data set comprising 312 banks observed quarterly over the period 1993-2000. We find that bank lending decreases after a monetary policy tightening. Moreover, as in several other Euro area economies, banks’ liquidity appears to impact significantly on their lending behavior.
  • 关键词:monetary policy; credit channel
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