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The International Bank Lending Channel of Monetary Policy Rates and QE: Credit Supply, Reach‐for‐Yield, and Real Effects
16 references·16 citing·38 second hopsampled
The International Bank Lending Channel of Monetary Policy Rates and QE: Credit Supply, Reach‐for‐Yield, and Real Effects (2018)The International Bank Lending Channel of…Nonmonetary Effects of the Financial Crisis in the Propagation of the Great Depression (2024)Nonmonetary Effects of the Fi…Credit Booms Gone Bust: Monetary Policy, Leverage Cycles, and Financial Crises, 1870–2008 (2012)Credit Booms Gone Bust: Monet…Capital regulation, risk-taking and monetary policy: A missing link in the transmission mechanism? (2011)Capital regulation, risk-taki…Financial Intermediation and Credit Policy in Business Cycle Analysis (2010)Financial Intermediation and …A model of unconventional monetary policy (2010)A model of unconventional mon…This Time Is Different (2009)This Time Is DifferentThis Time Is Different (2009)This Time Is DifferentTracing the Impact of Bank Liquidity Shocks: Evidence from an Emerging Market (2008)Tracing the Impact of Bank Li…Small and medium-size enterprises: Access to finance as a growth constraint (2006)Small and medium-size enterpr…Selection on Observed and Unobserved Variables: Assessing the Effectiveness of Catholic Schools (2005)Selection on Observed and Uno…What Do a Million Observations on Banks Say About the Transmission of Monetary Policy? (2000)What Do a Million Observation…Private and Public Supply of Liquidity (1998)Private and Public Supply of …Inside the Black Box: The Credit Channel of Monetary Policy Transmission (1995)Inside the Black Box: The Cre…The federal funds rate and the channels of monetary transmission (1989)The federal funds rate and th…Non-Monetary Effects of the Financial Crisis in the Propagation of the Great Depression (1983)Non-Monetary Effects of the F…Credit Rationing in Markets with Imperfect Information (1981)Credit Rationing in Markets w…Monetary Stimulus amidst the Infrastructure Investment Spree: Evidence from China's Loan‐Level Data (2023)Monetary Stimulus amidst the …International Spillovers and Local Credit Cycles (2021)International Spillovers and …Geographic diversification and bank lending during crises (2021)Geographic diversification an…Banking sector performance during the COVID-19 crisis (2021)Banking sector performance du…Negative Monetary Policy Rates and Systemic Banks' Risk‐Taking: Evidence from the Euro Area Securities Register (2020)Negative Monetary Policy Rate…Monetary Policy and Global Banking (2020)Monetary Policy and Global Ba…U.S. monetary policy and emerging market credit cycles (2019)U.S. monetary policy and emer…The International Monetary and Financial System (2019)The International Monetary an…Bank capital (requirements) and credit supply: Evidence from pillar 2 decisions (2019)Bank capital (requirements) a…The Risk‐Taking Channel of Monetary Policy: Exploring All Avenues (2018)The Risk‐Taking Channel of Mo…A global lending channel unplugged? Does U.S. monetary policy affect cross-border and affiliate lending by global U.S. banks? (2018)A global lending channel unpl…International Spillovers and Local Credit Cycles (2017)International Spillovers and …Financial Cycles with Heterogeneous Intermediaries (2017)Financial Cycles with Heterog…Capital flows and the international credit channel (2017)Capital flows and the interna…Monetary Stimulus and Bank Lending (2016)Monetary Stimulus and Bank Le…US Monetary Policy and the Global Financial Cycle (2015)US Monetary Policy and the Gl…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)The economics of small business finance: The roles of private equity and debt markets in the financial growth cycle (1998)Entry regulation as a barrier to entrepreneurship (2006)Financing patterns around the world: Are small firms different?☆ (2008)Inside the black box: Bank credit allocation in China’s private sector (2009)Access to finance for innovative SMEs since the financial crisis (2014)From market fixing to market-creating: a new framework for innovation policy (2016)A Method for Minimizing the Impact of Distributional Assumptions in Econometric Models for Duration Data (1984)Empirical Strategies in Labor Economics (1999)Catholic Schools and the Common Good (2009)War and local collective action in Sierra Leone (2009)The Slave Trade and the Origins of Mistrust in Africa (2011)Gender Identity and Relative Income within Households * (2015)The Financial Accelerator in a Quantitative Business Cycle Framework (1998)Nominal Rigidities and the Dynamic Effects of a Shock to Monetary Policy (2005)Shocks and Frictions in US Business Cycles: A Bayesian DSGE Approach (2007)Credit Spreads and Business Cycle Fluctuations (2012)A Macroeconomic Model with a Financial Sector (2014)Monetary Policy, Business Cycles, and the Behavior of Small Manufacturing Firms (1994)Does function follow organizational form? Evidence from the lending practices of large and small banks (2005)Liquidity and leverage (2008)Macroeconomics and Reality (1980)Chapter 21 The financial accelerator in a quantitative business cycle framework (1999)The Science of Monetary Policy: A New Keynesian Perspective (1999)The Quarterly Journal of Economics (2024)The Debt-Deflation Theory of Great Depressions (1933)Finance and Growth: Schumpeter Might Be Right (1993)From Financial Crash to Debt Crisis (2011)Dilemma not Trilemma: The Global Financial Cycle and Monetary Policy Independence (2015)The European Sovereign Debt Crisis (2012)Populism and the economics of globalization (2018)Systemic Banking Crises Database II (2020)Macroeconomic and bank-specific determinants of non-performing loans in Greece: A comparative study of mortgage, business and consumer loan portfolios (2011)Econometric measures of connectedness and systemic risk in the finance and insurance sectors (2012)
this work references cited by second hop· second hop is a sample of the most-cited connections

References

  • 1981Credit Rationing in Markets with Imperfect Information12,762 cited
  • 1995Inside the Black Box: The Credit Channel of Monetary Policy Transmission4,205 cited
  • 2005Selection on Observed and Unobserved Variables: Assessing the Effectiveness of Catholic Schools3,676 cited
  • 2009This Time Is Different3,448 cited
  • 1989The federal funds rate and the channels of monetary transmission2,833 cited
  • 2012Credit Booms Gone Bust: Monetary Policy, Leverage Cycles, and Financial Crises, 1870–20082,655 cited
  • 2006Small and medium-size enterprises: Access to finance as a growth constraint2,620 cited
  • 2000What Do a Million Observations on Banks Say About the Transmission of Monetary Policy?2,505 cited
  • 2010A model of unconventional monetary policy2,439 cited
  • 2009This Time Is Different2,361 cited
  • 1983Non-Monetary Effects of the Financial Crisis in the Propagation of the Great Depression2,173 cited
  • 2010Financial Intermediation and Credit Policy in Business Cycle Analysis1,986 cited
  • 2008Tracing the Impact of Bank Liquidity Shocks: Evidence from an Emerging Market1,850 cited
  • 1998Private and Public Supply of Liquidity1,821 cited
  • 2011Capital regulation, risk-taking and monetary policy: A missing link in the transmission mechanism?

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1,799 cited
  • 2024Nonmonetary Effects of the Financial Crisis in the Propagation of the Great Depression1,701 cited
  • Cited by

    • 2015US Monetary Policy and the Global Financial Cycle490 cited
    • 2021Banking sector performance during the COVID-19 crisis382 cited
    • 2016Monetary Stimulus and Bank Lending267 cited
    • 2019U.S. monetary policy and emerging market credit cycles198 cited
    • 2019Bank capital (requirements) and credit supply: Evidence from pillar 2 decisions151 cited
    • 2017Capital flows and the international credit channel142 cited
    • 2021International Spillovers and Local Credit Cycles140 cited
    • 2019The International Monetary and Financial System123 cited
    • 2017Financial Cycles with Heterogeneous Intermediaries114 cited
    • 2017International Spillovers and Local Credit Cycles96 cited
    • 2018A global lending channel unplugged? Does U.S. monetary policy affect cross-border and affiliate lending by global U.S. banks?86 cited
    • 2020Negative Monetary Policy Rates and Systemic Banks' Risk‐Taking: Evidence from the Euro Area Securities Register84 cited
    • 2021Geographic diversification and bank lending during crises83 cited
    • 2018The Risk‐Taking Channel of Monetary Policy: Exploring All Avenues80 cited
    • 2020Monetary Policy and Global Banking76 cited
    • 2023Monetary Stimulus amidst the Infrastructure Investment Spree: Evidence from China's Loan‐Level Data70 cited