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Monetary Policy Effects on Bank Loans in Germany: A Panel-Econometric Analysis
16 references·10 citing·48 second hop
Monetary Policy Effects on Bank Loans in Germany: A Panel-Econometric Analysis (2002)Monetary Policy Effects on Bank Loans in …The Monetary Transmission Mechanism: Evidence from the G-7 Countries (2005)The Monetary Transmission Mec…Estimating Bilateral Exposures in the German Interbank Market: Is There a Danger of Contagion? (2002)Estimating Bilateral Exposure…Capital Structure (2001)Capital StructureIndustry Effects of Monetary Policy in Germany (2000)Industry Effects of Monetary …Investment, R&D and financial constraints in Britain and Germany (1999)Investment, R&D and financial…The Robustness of Identified VAR Conclusions About Money (1998)The Robustness of Identified …The Real Effects of Monetary Policy in the European Union: What Are the Differences? (1998)The Real Effects of Monetary …Do Measures of Monetary Policy in a VAR Make Sense (1998)Do Measures of Monetary Polic…Do Investment-Cash Flow Sensitivities Provide Useful Measures of Financing Constraints? (1997)Do Investment-Cash Flow Sensi…Evidence on the role of cash flow for investment (1995)Evidence on the role of cash …The Impact of Monetary Policy on Bank Balance Sheets (1994)The Impact of Monetary Policy…Discretion versus policy rules in practice (1993)Discretion versus policy rule…Does Monetary Policy Matter? A New Test in the Spirit of Friedman and Schwartz (1989)Does Monetary Policy Matter? …Financing Constraints and Corporate Investment (1988)Financing Constraints and Cor…Monetary Transmission: Through Bank Loans or Bank Liabilities? (1986)Monetary Transmission: Throug…Corporate financing and investment decisions when firms have information that investors do not have (1984)Corporate financing and inves…Unconventional Monetary Policy, Bank Lending, and Security Holdings: The Yield-Induced Portfolio Rebalancing Channel (2018)Unconventional Monetary Polic…The role of trade credit and bank lending relationships in the transmission mechanism in Austria (2003)The role of trade credit and …The reaction of bank lending to monetary policy measures in Germany (2003)The reaction of bank lending …The impact of monetary policy on bank lending in the Netherlands (2003)The impact of monetary policy…The bank-lending channel of monetary policy: identification and estimation using Portuguese micro bank data (2003)The bank-lending channel of m…On the German Monetary Transmission Mechanism: Interest Rate and Credit Channels for Investment Spending (2003)On the German Monetary Transm…Is there a bank-lending channel of monetary policy in Spain? (2003)Is there a bank-lending chann…Is there a bank-lending channel of monetary policy in Greece? Evidence from bank-level data (2003)Is there a bank-lending chann…Is there a bank-lending channel in France? Evidence from bank panel data (2003)Is there a bank-lending chann…Firm investment and monetary policy transmission in the euro area (2003)Firm investment and monetary …Tobin's Marginal q and Average q: A Neoclassical Interpretation (1982)Financing Constraints and Corporate Investment (1987)The Financial Accelerator in a Quantitative Business Cycle Framework (1998)Chapter 21 The financial accelerator in a quantitative business cycle framework (1999)Financing Innovation and Growth: Cash Flow, External Equity, and the 1990s R&D Boom (2009)Interbank Lending and Systemic Risk (1996)Systemic Risk, Interbank Relations, and Liquidity Provision by the Central Bank (2000)Interbank Exposures: Quantifying the Risk of Contagion (2003)Financial Interlinkages in the United Kingdom's Interbank Market and the Risk of Contagion (2005)Liquidity Coinsurance, Moral Hazard, and Financial Contagion (2007)Stress-Testing Financial Systems: An Overview of Current Methodologies (2007)Non-Monetary Effects of the Financial Crisis in the Propagation of the Great Depression (1983)The Dynamic Effects of Aggregate Demand and Supply Disturbances (1988)Trends and random walks in macroeconomic time series (1988)The identification of monetary policy disturbances explaining the liquidity puzzle (1995)Economic Crises: Evidence and Insights from East Asia (1998)International Channels of Transmission of Monetary Policy and the Mundellian Trilemma (2016)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)Managing with Style: The Effect of Managers on Firm Policies (2003)New Evidence on Measuring Financial Constraints: Moving Beyond the KZ Index (2010)Rules, discretion and reputation in a model of monetary policy (1983)The Science of Monetary Policy: A New Keynesian Perspective (1999)Estimation and Inference of Impulse Responses by Local Projections (2005)Shocks and Frictions in US Business Cycles: A Bayesian DSGE Approach (2007)Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations (1991)Another look at the instrumental variable estimation of error-components models (1995)Initial conditions and moment restrictions in dynamic panel data models (1998)Who participates in R&D subsidy programs? 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(2009)The federal funds rate and the channels of monetary transmission (1989)Tests for Parameter Instability and Structural Change With Unknown Change Point (1993)Measuring Monetary Policy (1998)Micro Effects of Macro Announcements: Real-Time Price Discovery in Foreign Exchange (2003)Bond Risk Premia (2005)Real-time price discovery in global stock, bond and foreign exchange markets (2007)The Market for "Lemons": Quality Uncertainty and the Market Mechanism (1970)Determinants of corporate borrowing (1977)The Capital Structure Puzzle (1984)A Survey of Corporate Governance (1997)Information asymmetry, corporate disclosure, and the capital markets: A review of the empirical disclosure literature (2001)Capital structure and firm performance: A new approach to testing agency theory and an application to the banking industry (2005)Entrepreneurship and Economic Growth (2006)An International Comparison of Capital Structure and Debt Maturity Choices (2010)American Economic Review (2019)The Benefits of Lending Relationships: Evidence from Small Business Data (1994)Threshold effects in non-dynamic panels: Estimation, testing, and inference (1999)
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References

  • 1984Corporate financing and investment decisions when firms have information that investors do not have18,936 cited
  • 1993Discretion versus policy rules in practice9,059 cited
  • 1997Do Investment-Cash Flow Sensitivities Provide Useful Measures of Financing Constraints?6,790 cited
  • 1988Financing Constraints and Corporate Investment5,566 cited
  • 2001Capital Structure1,409 cited
  • 1995Evidence on the role of cash flow for investment1,174 cited
  • 1998Do Measures of Monetary Policy in a VAR Make Sense629 cited
  • 1989Does Monetary Policy Matter? A New Test in the Spirit of Friedman and Schwartz526 cited
  • 2002Estimating Bilateral Exposures in the German Interbank Market: Is There a Danger of Contagion?254 cited
  • 1999Investment, R&D and financial constraints in Britain and Germany233 cited
  • 1998The Robustness of Identified VAR Conclusions About Money197 cited
  • 2005The Monetary Transmission Mechanism: Evidence from the G-7 Countries186 cited
  • 1986Monetary Transmission: Through Bank Loans or Bank Liabilities?159 cited
  • 1994The Impact of Monetary Policy on Bank Balance Sheets143 cited
  • 1998The Real Effects of Monetary Policy in the European Union: What Are the Differences?

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132 cited
  • 2000Industry Effects of Monetary Policy in Germany82 cited
  • Cited by

    • 2018Unconventional Monetary Policy, Bank Lending, and Security Holdings: The Yield-Induced Portfolio Rebalancing Channel43 cited
    • 2003Is there a bank-lending channel of monetary policy in Greece? Evidence from bank-level data30 cited
    • 2003The role of trade credit and bank lending relationships in the transmission mechanism in Austria24 cited
    • 2003The bank-lending channel of monetary policy: identification and estimation using Portuguese micro bank data23 cited
    • 2003On the German Monetary Transmission Mechanism: Interest Rate and Credit Channels for Investment Spending22 cited
    • 2003Firm investment and monetary policy transmission in the euro area20 cited
    • 2003The reaction of bank lending to monetary policy measures in Germany20 cited
    • 2003Is there a bank-lending channel in France? Evidence from bank panel data17 cited
    • 2003The impact of monetary policy on bank lending in the Netherlands16 cited
    • 2003Is there a bank-lending channel of monetary policy in Spain?16 cited