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Credit Effects in the Monetary Mechanism
13 references·16 citing·44 second hop
Credit Effects in the Monetary Mechanism (2005)Credit Effects in the Monetary MechanismIdentifying the Macroeconomic Effect of Loan Supply Shocks (2003)Identifying the Macroeconomic…The Financial Accelerator in a Quantitative Business Cycle Framework (1998)The Financial Accelerator in …Measuring Monetary Policy (1998)Measuring Monetary PolicySystematic Monetary Policy and the Effects of Oil Price Shocks (1997)Systematic Monetary Policy an…The Effects of Monetary Policy Shocks: Evidence from the Flow of Funds (1996)The Effects of Monetary Polic…A Price Target for U.S. Monetary Policy? Lessons from the Experience with Money Growth Targets (1996)A Price Target for U.S. Monet…How Important is the Credit Channel in the Transmission of Monetary Policy? (1993)How Important is the Credit C…Some Evidence on the Empirical Significance of Credit Rationing (1992)Some Evidence on the Empirica…Monetary Policy and Credit Conditions: Evidence From the Composition of External Finance (1992)Monetary Policy and Credit Co…Does Monetary Policy Matter? A New Test in the Spirit of Friedman and Schwartz (1989)Does Monetary Policy Matter? …Banking and macroeconomic equilibrium (1987)Banking and macroeconomic equ…Credit Rationing in Markets with Imperfect Information (1981)Credit Rationing in Markets w…The Central Role of Credit Crunches in Recent Financial History (1980)The Central Role of Credit Cr…Monetary policy and its transmission channels: Evidence from China (2021)Monetary policy and its trans…Monetary policy transmission in Bangladesh: Exploring the lending channel (2016)Monetary policy transmission …Credit frictions and optimal monetary policy (2015)Credit frictions and optimal …Credit Frictions and Optimal Monetary Policy (2015)Credit Frictions and Optimal …Credit conditions and stock return predictability (2015)Credit conditions and stock r…Central bank transparency and the interest rate channel: Evidence from emerging economies (2014)Central bank transparency and…GPM6 (2013)GPM6Credit Frictions and Optimal Monetary Policy (2013)Credit Frictions and Optimal …Changes in Bank Lending Standards and the Macroeconomy (2012)Changes in Bank Lending Stand…Credit Frictions and Optimal Monetary Policy (2008)Credit Frictions and Optimal …A Small Quarterly Projection Model of the US Economy (2008)A Small Quarterly Projection …A Small Quarterly Multi-Country Projection Model with Financial-Real Linkages and Oil Prices (2008)A Small Quarterly Multi-Count…Output and Inflation Responses to Credit Shocks: Are There Threshold Effects in the Euro Area? (2006)Output and Inflation Response…Credit in the euro area: An empirical investigation using aggregate data (2006)Credit in the euro area: An e…The Bank Lending Survey for the Euro Area (2005)The Bank Lending Survey for t…Does Bank Capital Matter for Monetary Transmission? (Session 3: Financial Markets and Institutions) (2002)Does Bank Capital Matter for …The Cost of Capital, Corporation Finance and the Theory of Investment (1958)The Market for "Lemons": Quality Uncertainty and the Market Mechanism (1970)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)The Science of Monetary Policy: A New Keynesian Perspective (1999)An Estimated Dynamic Stochastic General Equilibrium Model of the Euro Area (2003)Shocks and Frictions in US Business Cycles: A Bayesian DSGE Approach (2007)Increases in risk and in risk aversion (1974)Risk Sharing and Incentives in the Principal and Agent Relationship (1979)Corporate financing and investment decisions when firms have information that investors do not have (1984)The Benefits of Lending Relationships: Evidence from Small Business Data (1994)Financial Dependence and Growth (1996)Econometric policy evaluation: A critique (1976)Macroeconomics and Reality (1980)The federal funds rate and the channels of monetary transmission (1989)Measuring the Effects of Monetary Policy: A Factor-Augmented Vector Autoregressive (FAVAR) Approach (2005)Not All Oil Price Shocks Are Alike: Disentangling Demand and Supply Shocks in the Crude Oil Market (2009)THE IMPACT OF OIL PRICE SHOCKS ON THE U.S. STOCK MARKET* (2009)Screening vs. Rationing in Credit Markets with Imperfect Information (1985)Are Business Startups Debt-Rationed? (1996)Availability and cost of credit for small businesses: Customer relationships and credit cooperatives (1998)Deposits and Relationship Lending (1999)Credit Rationing in Markets With Imperfect Information (2007)Monetary Policy, Business Cycles, and the Behavior of Small Manufacturing Firms (1994)The Financial Accelerator and the Flight to Quality (1996)Monetary Theory and Policy (1999)Tracing the Impact of Bank Liquidity Shocks: Evidence from an Emerging Market (2008)A New Approach to the Economic Analysis of Nonstationary Time Series and the Business Cycle (1989)Interpreting the macroeconomic time series facts (1992)Tests for Parameter Instability and Structural Change With Unknown Change Point (1993)An Optimization-Based Econometric Framework for the Evaluation of Monetary Policy (1997)An Empirical Characterization of the Dynamic Effects of Changes in Government Spending and Taxes on Output (2002)The Macroeconomic Effects of Tax Changes: Estimates Based on a New Measure of Fiscal Shocks (2010)A Monetary History of the United States 1867-1960 (1964)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)Growth Dynamics: The Myth of Economic Recovery (2008)Chapter 16 Credit rationing (1990)The Credit Effects of Monetary Policy: Evidence Using Loan Commitments (1998)Approaches to the Economics of Discrimination (2025)Forward-Looking Rules for Monetary Policy (1998)International experiences with different monetary policy regimes ). Any views expressed in this paper are those of the author only and not those of Columbia University or the National Bureau of Economic Research. (1999)Regime Shifts in a Dynamic Term Structure Model of U.S. Treasury Bond Yields (2007)Oil price shocks and stock market activity (1999)A no-arbitrage vector autoregression of term structure dynamics with macroeconomic and latent variables (2003)
this work references cited by second hop

References

  • 1981Credit Rationing in Markets with Imperfect Information12,762 cited
  • 1998The Financial Accelerator in a Quantitative Business Cycle Framework4,624 cited
  • 1998Measuring Monetary Policy1,643 cited
  • 1997Systematic Monetary Policy and the Effects of Oil Price Shocks1,594 cited
  • 1992Monetary Policy and Credit Conditions: Evidence From the Composition of External Finance1,488 cited
  • 1996The Effects of Monetary Policy Shocks: Evidence from the Flow of Funds1,209 cited
  • 1989Does Monetary Policy Matter? A New Test in the Spirit of Friedman and Schwartz744 cited
  • 1992Some Evidence on the Empirical Significance of Credit Rationing550 cited
  • 1980The Central Role of Credit Crunches in Recent Financial History254 cited
  • 1996A Price Target for U.S. Monetary Policy? Lessons from the Experience with Money Growth Targets186 cited
  • 1987Banking and macroeconomic equilibrium152 cited
  • 2003Identifying the Macroeconomic Effect of Loan Supply Shocks133 cited
  • 1993How Important is the Credit Channel in the Transmission of Monetary Policy?128 cited

Cited by

  • 2006Credit in the euro area: An empirical investigation using aggregate data63 cited
  • 2005

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The Bank Lending Survey for the Euro Area
61 cited
  • 2013GPM659 cited
  • 2002Does Bank Capital Matter for Monetary Transmission? (Session 3: Financial Markets and Institutions)57 cited
  • 2015Credit frictions and optimal monetary policy55 cited
  • 2015Credit conditions and stock return predictability52 cited
  • 2014Central bank transparency and the interest rate channel: Evidence from emerging economies51 cited
  • 2016Monetary policy transmission in Bangladesh: Exploring the lending channel51 cited
  • 2015Credit Frictions and Optimal Monetary Policy44 cited
  • 2006Output and Inflation Responses to Credit Shocks: Are There Threshold Effects in the Euro Area?37 cited
  • 2008Credit Frictions and Optimal Monetary Policy37 cited
  • 2008A Small Quarterly Projection Model of the US Economy36 cited
  • 2021Monetary policy and its transmission channels: Evidence from China31 cited
  • 2013Credit Frictions and Optimal Monetary Policy31 cited
  • 2008A Small Quarterly Multi-Country Projection Model with Financial-Real Linkages and Oil Prices29 cited
  • 2012Changes in Bank Lending Standards and the Macroeconomy29 cited