Monetary transmission in Brazil : has the credit channel changed /

Saved in:

Bibliographic Details
Author / Creator:	Garcia-Escribano, Mercedes, author.
Imprint:	[Washington, D.C.] : International Monetary Fund, ©2013.
Description:	1 online resource (20 pages).
Language:	English
Series:	IMF working paper ; WP/13/251 IMF working paper ; WP/13/251.
Subject:	Transmission mechanism (Monetary policy) -- Brazil -- Econometric models. Monetary policy -- Brazil -- Econometric models. Credit -- Brazil -- Econometric models. Credit -- Econometric models. Monetary policy -- Econometric models. Brazil. Electronic books.
Format:	E-Resource Book
URL for this record:	http://pi.lib.uchicago.edu/1001/cat/bib/12502364

Hidden Bibliographic Details
Other authors / contributors:	International Monetary Fund. Western Hemisphere Department, issuing body.
ISBN:	9781484312001 1484312007
Notes:	At head of title: Western Hemisphere Department. "December 2014." Includes bibliographical references. Online resource; title from pdf title page (IMF.org Web site, viewed Jan. 9, 2014).
Summary:	"This paper investigates the transmission of monetary policy by private banks in Brazil during the recent easing cycle. The analysis presented uses a panel dataset with information on lending by private banks in Brazil and concludes that monetary transmission through lending volumes was not impaired. Instead, the observed diminished lending appears to be related to supply and demand factors, as well as to the rapid expansion of public banks' lending"--Abstract.

Similar Items