Haku
Viitteet 21-24 / 24
China's monetary policy and the loan market : How strong is the credit channel in China?
(09.08.2019)
BOFIT Discussion Papers 15/2019
BOFIT Discussion Papers 15/2019
We study the credit channel of Chinese monetary policy in a structural vector autoregressive framework. Using combinations of zero and sign restrictions, we identify monetary policy shocks linked to supply and demand ...
Technological innovation and the bank lending channel of monetary policy transmission
(20.12.2023)
BOFIT Discussion Papers 9/2023
BOFIT Discussion Papers 9/2023
This paper studies whether and how banks’ technological innovations affect the bank lending channel of monetary policy transmission. We first provide a theoretical model in which banks’ technological innovation relaxes ...
BigTech credit and monetary policy transmission : Micro-level evidence from China
(13.04.2023)
BOFIT Discussion Papers 2/2023
BOFIT Discussion Papers 2/2023
ABSTRACT
This paper studies monetary policy transmission through BigTech and traditional banks. By comparing business loans made by a BigTech bank with those made by traditional banks, it finds that BigTech credit amplifies ...
China’s macroeconomic policies and spillover effects
(26.09.2023)
BOFIT Discussion Papers 5/2023
BOFIT Discussion Papers 5/2023
This paper provides a brief overview of China’s capital controls, external asset holdings and the real interest rate, and analyzes the quantitative effects of China’s macroeconomic policies between 2000 and 2015, including ...