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How the Credit Channel Works: Differentiating the Bank Lending Channel and the Balance Sheet Channel
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References

  • 1981Credit Rationing in Markets with Imperfect Information12,762 cited
  • 1988Agency Costs, Net Worth, And Business Fluctuations4,382 cited
  • 1995Inside the Black Box: The Credit Channel of Monetary Policy Transmission4,205 cited
  • 1989The federal funds rate and the channels of monetary transmission2,833 cited
  • 1994Monetary Policy, Business Cycles, and the Behavior of Small Manufacturing Firms2,546 cited
  • 2000What Do a Million Observations on Banks Say About the Transmission of Monetary Policy?2,505 cited
  • 2002Information Production and Capital Allocation: Decentralized versus Hierarchical Firms2,426 cited
  • 1996The Financial Accelerator and the Flight to Quality2,351 cited
  • 1986The Economics of Money, Banking and Financial Markets2,292 cited
  • 2006A more complete conceptual framework for SME finance2,011 cited
  • 1992Monetary Policy and Credit Conditions: Evidence From the Composition of External Finance1,488 cited
  • 1995The impact of monetary policy on bank balance sheets1,129 cited
  • 2000Bank Size, Bank Capital, and the Bank Lending Channel1,067 cited
  • 1994Credit Conditions and the Cyclical Behavior of Inventories775 cited
  • 1992Some Evidence on the Empirical Significance of Credit Rationing

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550 cited
  • 1990New Evidence on the Monetary Transmission Mechanism509 cited
  • Cited by

    • 2012Balance Sheet Channel of Monetary Transmission in Pakistan: An Empirical Investigation12 cited