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Conference Series 39
Is Bank Lending Important for the Transmission of Monetary Policy?

Is Bank Lending Important for the Transmission of Monetary Policy?

Entire Proceedings (13.0MB) pdf

June 1995

Contents

Entire Proceedings (13.0MB) pdf

Is Bank Lending Important for the Transmission of Monetary Policy? An Overview
Joe Peek and Eric S. Rosengren

Is Bank Lending Special?
Charles P. Himmelberg and Donald P. Morgan; with discussion by Robert R. Glauber and Raghuram G. Rajan

Bank Lending and the Transmission of Monetary Policy
Joe Peek and Eric S. Rosengren; with discussion by R. Glenn Hubbard and Christopher James

Bank Credit and Economic Activity
Carl E. Walsh and ]ames A. Wilcox; with discussion by Stephen G. Cecchetti and Allan H. Meltzer

The Importance of Credit for Macroeconomic Activity: Identification through Heterogeneity
Simon G. Gilchrist and Egon Zakrajsek; with discussion by William C. Brainard and Stephen D. Oliner

Financial Constraints and Investment: A Critical Review of Methodological Issues and International Evidence
Fabio Schiantarelli; with discussion by Steven M. Fazzari and Donald D. Hester

 

 
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