How does the interaction of macroprudential and monetary policies affect cross-border bank lending?

How Does Monetary Policy Affect Household Income Distribution?

Over the last decades the research on monetary policy has largely concentrated on the impact of monetary authorities’ decisions on inflation and the fine-tuning of the macroeconomic, so that distributional effects of monetary policy which are non-trivial has been ignored. A view that has become increasingly popular since the financial crisis 2008 is that expansionary monetary policy can exacerb...

Cross-border Bank Lending in the APEC Region: the Role of Country Risks

T his paper aims to understand the structure and determinants of international bank l ending among APEC economies. Specifically, this paper first aims to analyze whether Australia Canada Japan Chinese Taipei and the United States, which are the only APEC members for which international borrowing data are available, tend to lend more intensively to other APEC members than to non-APEC countries ....

Does Bank Lending Affect Output? Evidence From the U.S. States

This paper uses a panel of state-level data to test whether changes in bank loan supply affect output. Since the U.S. states are small open economies with fixed exchange rates, state-specific shocks to money demand are automatically accommodated, leading to changes in lending if banks rely on deposits as a source of funding. Using these shocks as an instrumental variable, I find that shocks to ...

Bank Lending and Monetary Policy: A Comment

cross-border bank lending in the apec region: the role of country risks

â â â â  kangwon national university, south korea â â yonsei university, south korea â â  [1] â  kangwon national university, south korea â â â  abstract â  t his paper aims to understand the structure and determinants of international bank l ending among apec economies. specifically, this paper first aims to analyze whether australia canada japan chinese taipei and the united states, which are...