Financial Structure, Bank Lending Rates, and the Transmission Mechanism of Monetary Policy /
The stickiness of bank lending rates with respect to money market rates is often regarded as an obstacle to the smooth transmission of monetary policy impulses. Yet, no systematic measure of the different degree of lending rate stickiness across countries has been attempted. This paper provides such...
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| Format: | Book |
| Language: | English |
| Published: |
Washington, D.C. :
International Monetary Fund,
1994
Washington, D.C. : International Monetary Fund 1994 [Place of publication not identified] 1994 |
| Series: | IMF Working Papers ;
Working Paper No. 94/39 IMF Working Papers; Working Paper ; No. 1994/039 IMF Working Papers; Working Paper ; no. 94/39 IMF eLibrary |
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