Bank Regulation and Monetary Policy Transmission: Evidence From the U.S. States Liberalization

2018 ◽  
Author(s):  
Aeimit Lakdawala ◽  
Raoul Minetti ◽  
Matthew Schaffer
Keyword(s):  
Monetary Policy ◽  
Bank Regulation ◽  
Monetary Policy Transmission ◽  
Policy Transmission ◽  
The U.S

Bank regulation and monetary policy transmission: Evidence from the U.S. States liberalization

2021 ◽  
pp. 103859
Author(s):  
Aeimit Lakdawala ◽  
Raoul Minetti ◽  
Matthew Schaffer
Keyword(s):  
Monetary Policy ◽  
Bank Regulation ◽  
Monetary Policy Transmission ◽  
Policy Transmission ◽  
The U.S

scholarly journals Measuring the Channels of Monetary Policy Transmission: A Factor-Augmented Vector Autoregressive (Favar) Approach

2016 ◽  
Vol 5 (2) ◽  
pp. 5-40 ◽  
Author(s):  
Dawit Senbet
Keyword(s):  
Monetary Policy ◽  
Operating Regime ◽  
Impulse Response Functions ◽  
Credit Channel ◽  
Monetary Policy Transmission ◽  
Vector Autoregressive ◽  
Transmission Mechanisms ◽  
Policy Transmission ◽  
Information Set ◽  
The U.S

Abstract There is more consensus on the effects of monetary policy than its transmission mechanism. Two channels of transmission mechanisms are the conventional interest rate channel and the credit channel. I investigate the channels of monetary policy transmission in the U.S. using the factor-augmented vector autoregressive (FAVAR) models developed by Bernanke, Boivin & Eliasz (2005). The newly developed FAVAR approach allows the researcher to include all relevant macroeconomic variables in the model and analyze them. Therefore, the FAVAR models span a larger information set and generate better estimates of impulse response functions than the commonly used vector autoregressive (VAR) models that utilize only 4–8 variables. I include 154 monthly U.S. time series variables for the period 1970–2014. The findings support the existence of the credit channel in the U.S. The conclusion remains the same when the non-borrowed reserve operating regime (October 1979–October 1982) is removed from the sample period.

Monetary Policy Transmission in Vietnam: A VAR Approach

2014 ◽  
Author(s):  
Canh Nguyen ◽  
VV Xuun Vinh
Keyword(s):  
Monetary Policy ◽  
Monetary Policy Transmission ◽  
Policy Transmission
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