A bank lending channel or a credit supply shock?

2013 ◽  
Vol 37 ◽  
pp. 314-332 ◽  
Author(s):  
Stanimira Milcheva
Keyword(s):  
Bank Lending ◽  
Bank Lending Channel ◽  
Lending Channel ◽  
Credit Supply ◽  
Supply Shock

scholarly journals The International Bank Lending Channel of Monetary Policy Rates and QE: Credit Supply, Reach‐for‐Yield, and Real Effects

2019 ◽  
Vol 74 (1) ◽  
pp. 55-90 ◽  
Author(s):  
BERNARDO MORAIS ◽  
JOSÉ‐LUIS PEYDRÓ ◽  
JESSICA ROLDÁN‐PEÑA ◽  
CLAUDIA RUIZ‐ORTEGA
Keyword(s):  
Monetary Policy ◽  
Bank Lending ◽  
Bank Lending Channel ◽  
Lending Channel ◽  
Real Effects ◽  
Credit Supply ◽  
International Bank

scholarly journals CREDIT SUPPLY SHOCKS AND ECONOMIC ACTIVITY IN BRAZIL

2019 ◽  
Vol 37 (73) ◽  
Author(s):  
Adonias Evaristo da Costa Filho
Keyword(s):  
Economic Activity ◽  
Bank Lending ◽  
Output Growth ◽  
Vector Autoregressions ◽  
Bank Lending Channel ◽  
Lending Channel ◽  
Credit Supply ◽  
Supply Shocks ◽  
Credit Shocks

This paper studies the role of credit supply shocks in Brazil, throughBayesian Vector Autoregressions (BVARs) with sign restrictions. It isfound that credit supply shocks, either standalone or associated withthe bank lending channel of monetary policy, lead to relatively mildeects on output growth. Despite the credit deepening observed inthe last decade, credit shocks were not prominent drivers of businesscycles in Brazil.

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