LENDING RELATIONSHIPS AND MONETARY POLICY.

Financial intermediation and bank spreads are the important elements in the analysis of business cycle transmission and monetary policy. We present a simple framework that introduces lending relationships, a relevant feature of financial intermediation that has been so far neglected in the monetary...

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Bibliographic Details

Published in:	Economic Inquiry Vol. 51; no. 1; pp. 368 - 394
Main Authors:	AKSOY, YUNUS, BASSO, HENRIQUE S., COTO ‐ MARTINEZ, JAVIER
Format:	Article
Published:	Wiley-Blackwell Jan2013
Subjects:	Banking industry Loans Keynesian economics Public welfare policy Economic equilibrium Intermediation (Finance) Finance Banking research Taylor's rule Monetary policy Central banking industry
Online Access:	View this record in EBSCOhost