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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·11 citing·44 second hop
The International Bank Lending Channel of Monetary Policy Rates and QE: Credit Supply, Reach-for-Yield, and Real Effects (2015)The International Bank Lending Channel of…Dilemma not Trilemma: The Global Financial Cycle and Monetary Policy Independence (2015)Dilemma not Trilemma: The Glo…Hazardous Times for Monetary Policy: What Do Twenty-Three Million Bank Loans Say About the Effects of Monetary Policy on Credit Risk-Taking? (2014)Hazardous Times for Monetary …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 DifferentTracing the Impact of Bank Liquidity Shocks: Evidence from an Emerging Market (2008)Tracing the Impact of Bank Li…Distance Constraints: The Limits of Foreign Lending in Poor Economies (2006)Distance Constraints: The Lim…Selection on Observed and Unobserved Variables: Assessing the Effectiveness of Catholic Schools (2005)Selection on Observed and Uno…Has Financial Development Made the World Riskier? (2005)Has Financial Development Mad…What Do a Million Observations on Banks Say About the Transmission of Monetary Policy? (2000)What Do a Million Observation…Collateral Damage: Effects of the Japanese Bank Crisis on Real Activity in the United States (2000)Collateral Damage: Effects of…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…PRACTITIONERS’ CORNER: Computing Robust Standard Errors for Within‐groups Estimators * (1987)PRACTITIONERS’ CORNER: Comput…Non-Monetary Effects of the Financial Crisis in the Propagation of the Great Depression (1983)Non-Monetary Effects of the F…Review of The Institutional View on The Liberalization and Management of Capital Flows (2022)Review of The Institutional V…The Global Financial Cycle (2021)The Global Financial CycleThe currency dimension of the bank lending channel in international monetary transmission (2020)The currency dimension of the…The International Monetary and Financial System (2019)The International Monetary an…The International Transmission of Monetary Policy (2018)The International Transmissio…Home country interest rates and international investment in U.S. bonds (2018)Home country interest rates a…Hedger of Last Resort: Evidence from Brazilian FX Interventions, Local Credit, and Global Financial Cycles (2018)Hedger of Last Resort: Eviden…Financial Institutions' Business Models and the Global Transmission of Monetary Policy (2018)Financial Institutions' Busin…Cross-Border Bank Flows and Monetary Policy (2018)Cross-Border Bank Flows and M…Financial Cycles with Heterogeneous Intermediaries (2017)Financial Cycles with Heterog…QE in the future: the central bank’s balance sheet in a fiscal crisis (2016)QE in the future: the central…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)The external wealth of nations mark II: Revised and extended estimates of foreign assets and liabilities, 1970–2004 (2007)Liquidity and leverage (2008)Credit Booms Gone Bust: Monetary Policy, Leverage Cycles, and Financial Crises, 1870–2008 (2012)International Liquidity and Exchange Rate Dynamics * (2015)Exchange Arrangements Entering the Twenty-First Century: Which Anchor will Hold?* (2019)The Wall Street Consensus (2021)The Debt-Deflation Theory of Great Depressions (1933)Money and Capital in Economic Development. 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Evidence from the lending practices of large and small banks (2005)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Corporate financing and investment decisions when firms have information that investors do not have (1984)Financing Constraints and Corporate Investment (1988)Capital Flows and the Risk-Taking Channel of Monetary Policy (2013)Debt Maturity Structure and Liquidity Risk (1991)Liquidation Values and Debt Capacity: A Market Equilibrium Approach (1992)Default and Renegotiation: A Dynamic Model of Debt (1998)Liquidity Risk, Liquidity Creation, and Financial Fragility: A Theory of Banking (2001)Market Liquidity and Funding Liquidity (2008)Deciphering the Liquidity and Credit Crunch 2007–2008 (2009)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)Populism and the economics of globalization (2018)
this work references cited by second hop

References

  • 2005Selection on Observed and Unobserved Variables: Assessing the Effectiveness of Catholic Schools3,676 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
  • 2015Dilemma not Trilemma: The Global Financial Cycle and Monetary Policy Independence2,090 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?1,799 cited
  • 1987PRACTITIONERS’ CORNER: Computing Robust Standard Errors for Within‐groups Estimators *1,449 cited
  • 1995Inside the Black Box: The Credit Channel of Monetary Policy Transmission1,418 cited
  • 2014Hazardous Times for Monetary Policy: What Do Twenty-Three Million Bank Loans Say About the Effects of Monetary Policy on Credit Risk-Taking?1,328 cited
  • 2000Collateral Damage: Effects of the Japanese Bank Crisis on Real Activity in the United States

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1,189 cited
  • 2005Has Financial Development Made the World Riskier?1,112 cited
  • 2006Distance Constraints: The Limits of Foreign Lending in Poor Economies826 cited
  • Cited by

    • 2017Financial Cycles with Heterogeneous Intermediaries114 cited
    • 2022Review of The Institutional View on The Liberalization and Management of Capital Flows57 cited
    • 2018Cross-Border Bank Flows and Monetary Policy46 cited
    • 2018Financial Institutions' Business Models and the Global Transmission of Monetary Policy45 cited
    • 2020The currency dimension of the bank lending channel in international monetary transmission35 cited
    • 2018Hedger of Last Resort: Evidence from Brazilian FX Interventions, Local Credit, and Global Financial Cycles32 cited
    • 2018Home country interest rates and international investment in U.S. bonds29 cited
    • 2016QE in the future: the central bank’s balance sheet in a fiscal crisis27 cited
    • 2018The International Transmission of Monetary Policy24 cited
    • 2021The Global Financial Cycle22 cited
    • 2019The International Monetary and Financial System21 cited