Erschienen:
Cambridge, Mass: National Bureau of Economic Research, April 1993
Erschienen in:NBER working paper series ; no. w4317
Umfang:
1 Online-Ressource
Sprache:
Englisch
DOI:
10.3386/w4317
Identifikator:
Reproduktionsnotiz:
Hardcopy version available to institutional subscribers
Entstehung:
Anmerkungen:
Mode of access: World Wide Web
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Beschreibung:
This paper surveys recent work that relates to the "lending" view of monetary policy transmission. It has three main goals: 1) to explain why it is important to distinguish between the lending and "money" views of policy transmission; 2) to outline the microeconomic conditions that are needed to generate a lending channel; and 3) to review the empirical evidence that bears on the lending view