Monetary Transmission in Brazil: Has the Credit Channel Changed?

Author:   Mercedes Garcia-Escribano
Publisher:   International Monetary Fund
ISBN:  

9781306383875


Pages:   21
Publication Date:   01 January 2013
Format:   Electronic book text
Availability:   In stock   Availability explained
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Monetary Transmission in Brazil: Has the Credit Channel Changed?


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Overview

This paper investigates the transmission of monetary policy by private banks in Brazil during the recent easing cycle. The analysis presented uses a panel dataset with information on lending by private banks in Brazil and concludes that monetary transmission through lending volumes was not impaired. Instead, the observed diminished lending appears to be related to supply and demand factors, as well as to the rapid expansion of public banks’ lending.

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Author:   Mercedes Garcia-Escribano
Publisher:   International Monetary Fund
Imprint:   International Monetary Fund
ISBN:  

9781306383875


ISBN 10:   1306383870
Pages:   21
Publication Date:   01 January 2013
Audience:   General/trade ,  General
Format:   Electronic book text
Publisher's Status:   Active
Availability:   In stock   Availability explained
We have confirmation that this item is in stock with the supplier. It will be ordered in for you and dispatched immediately.

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