The effects of local banking market structure on the banking-lending channel of monetary policy
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Author
Contributions
- Amel, Dean F. - Contributor
Publication
2005 - Federal Reserve Board, Washington, D.C, District of Columbia
Language
English
Word Count
0 words, Guess
Page Count
0 pages
Physical Format
Electronic resource
Identifiers
- Library of Congress Control Number2005617548
- Open LibraryOL3477772M
Classifications
- LCCHG1
Description
"We study the relationship between banking competition and the transmission of monetary policy through the bank lending channel. Using business small loan origination data provided from the Community Reinvestment Act from 1996-2002 in our analysis, we are able to reaffirm the existence of the bank lending channel of monetary transmission. Moreover, we find that the impact of monetary policy on loan originations is weaker in more concentrated markets"--Federal Reserve Board web site.
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