Open AccessThe International Bank Lending Channel of Monetary Policy Rates and QE: Credit Supply, Reach-for-Yield, and Real Effects
Author(s) -
Bernardo Morais,
JoséLuis Peydró,
Jessica Roldán-Peña,
Claudia Ruiz-Ortega
Publication year - 2015
Publication title -
international finance discussion papers
Language(s) - English
Resource type - Journals
eISSN - 2767-4509
pISSN - 1073-2500
DOI - 10.17016/ifdp.2015.1137
Subject(s) - monetary policy , monetary economics , credit channel , economics , yield (engineering) , loan , default , shock (circulatory) , supply shock , interest rate , financial system , inflation targeting , macroeconomics , finance , medicine , materials science , metallurgy