• Medientyp: E-Book
  • Titel: Monetary Expansion and the Banking Lending Channel
  • Beteiligte: Tabak, Benjamin M. [Verfasser:in]; Moreira, Tito Belchior Silva [Sonstige Person, Familie und Körperschaft]; Fazio, Dimas [Sonstige Person, Familie und Körperschaft]; Cavalcanti, Andre Luiz [Sonstige Person, Familie und Körperschaft]; Cunha, George Henrique [Sonstige Person, Familie und Körperschaft]
  • Erschienen: [S.l.]: SSRN, [2016]
  • Umfang: 1 Online-Ressource (11 p)
  • Sprache: Englisch
  • DOI: 10.2139/ssrn.2851016
  • Identifikator:
  • Entstehung:
  • Anmerkungen: Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments October 11, 2016 erstellt
  • Beschreibung: This paper examines the bank lending channel, which considers how monetary authority actions affect the variation of loans. We focus on the BRICS (Brazil, Russia, India, China and South Africa) totalizing 1254 banks from five countries in the period 2000–2012 (totalizing 13 years). The empirical results show that the effect of money supply growth on the growth of loans is non-linear and inverted U-shaped. In this context, our results show empirical evidence expansionary monetary policies do not increase the propensity of economic agents to systematically take greater risks on the market. After a certain level of money stock, increases in the money supply do not lead to increased negotiated credit
  • Zugangsstatus: Freier Zugang