| dc.creator | Tabak, Benjamin Miranda | |
| dc.date | 2013-11-29 | |
| dc.date.accessioned | 2023-08-31T21:37:21Z | |
| dc.date.available | 2023-08-31T21:37:21Z | |
| dc.identifier | https://periodicos.fgv.br/rbe/article/view/11849 | |
| dc.identifier.uri | https://repositorioslatinoamericanos.uchile.cl/handle/2250/8560084 | |
| dc.description | This paper seeks to examine the effects of monetary policy over banks’ loans growth and whether there is a bank lending channel operating in Brazil. Therefore, we employ a detailed high frequency panel data in which we include bank characteristics and ownership control. We contribute to the literature on bank lending channel by showing that during periods of loosening/tightening monetary policy, banks increase/decrease their loans. Additionally, our results illustrate that large, well-capitalized and liquid banks react differentially to the effects of monetary policy shocks. Finally, we show that the impact of monetary policy differs across state-owned, foreign and private domestic banks. These results are important for developing and conducting monetary policy. | pt-BR |
| dc.format | application/pdf | |
| dc.language | por | |
| dc.publisher | EGV EPGE | pt-BR |
| dc.relation | https://periodicos.fgv.br/rbe/article/view/11849/12451 | |
| dc.source | Revista Brasileira de Economia; Vol. 67 No. 4 (2013): Out-Dez; 403-413 | en-US |
| dc.source | Revista Brasileira de Economia; v. 67 n. 4 (2013): Out-Dez; 403-413 | pt-BR |
| dc.source | 1806-9134 | |
| dc.source | 0034-7140 | |
| dc.subject | bank lending channel | pt-BR |
| dc.subject | monetary policy | pt-BR |
| dc.title | Financial Stability and Monetary Policy - The case of Brazil | pt-BR |
| dc.type | info:eu-repo/semantics/article | |
| dc.type | info:eu-repo/semantics/publishedVersion | |
| dc.type | Articles | en-US |
| dc.type | Artigos | pt-BR |
