Essays about: "Monetary Transmission Mechanism"

Showing result 11 - 15 of 16 essays containing the words Monetary Transmission Mechanism.

  1. 11. Bank Lending Channel of Listed Banks in China -- Bank Level Panel Data Analyses

    University essay from Lunds universitet/Nationalekonomiska institutionen

    Author : Pengcheng Luo; [2015]
    Keywords : Monetary Transmission Mechanism; Bank Lending Channel; Monetary Policy; Banking Sector; China s Central Bank; Business and Economics;

    Abstract : The Bank Lending Channel, proposed by Bernanke & Blinder (1988), among other transmission mechanisms, is hypothesized to exist in China because of the dominance of the Chinese banking system. This paper mainly investigates the effect of monetary policy rate change on the lending behavior of Chinese banks. READ MORE

  2. 12. The Monetary Transmission Mechanism in Pre-war China

    University essay from Lunds universitet/Ekonomisk-historiska institutionen

    Author : Jing Hu; [2014]
    Keywords : the silver standard; the exchange channel; the monetary channel; Structural VAR Model; Business and Economics;

    Abstract : When the international monetary system was on the gold standard, China was the only country adhered to the silver standard. Silver functioned as currency in China but acted as commodity in international markets. Its price experienced downturn trend from 57 cents per ounce in January 1929 to 23.38 ounces per ounce in January 1933. READ MORE

  3. 13. The optimality of EMU - A comparative study

    University essay from Göteborgs universitet/Institutionen för nationalekonomi med statistik

    Author : Sofia Dahlqvist; Sanna Flood; [2013-06-19]
    Keywords : Optimum Currency Area OCA ; European Central Bank ECB ; Economic and Monetary Union EMU ; Europe; Euro; Eurozone; expansionary monetary policy; the GG-LL model; transmission mechanism;

    Abstract : The aim of this macroeconomic study is to evaluate whether the Economic and Monetary Union (EMU) has become an optimum currency area (OCA) or not. To reach a conclusion about the optimality of EMU we have performed two analyses where the first one evaluates the potential impacts of an expansionary monetary policy in Germany, France, Greece and Cyprus. READ MORE

  4. 14. The consumption-wealth channel: Monetary policy transmission in the case of Sweden

    University essay from Lunds universitet/Nationalekonomiska institutionen

    Author : Amelie Stierna; [2012]
    Keywords : Monetary policy; transmission mechanism; SVAR; impulse response functions; consumption-wealth channel; Business and Economics;

    Abstract : This paper examines to what extent the consumption-wealth channel has had an impact on household consumption as a response of monetary policy in the Swedish economy since 1994 when the repo rate was first introduced. Using a structural vector autoregressive model and Swedish data between 1994 Q2 and 2011 Q4, impulse response functions are used in order to trace out the effects of interest rate changes on consumption via its impact on household wealth. READ MORE

  5. 15. Interbank Confidence and Credit Growth

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Matas Vala; Mindaugas Mazeikis; [2011]
    Keywords : Monetary policy; bank lending channel; credit growth;

    Abstract : Changes in a central bank's monetary policy are proven to affect credit growth for corporations and households. However, the exact transmission mechanism is still widely debated. READ MORE