Series: IMF Working Papers
Author(s): Francisco Vazquez , Carmen Reinhart , and Marco Arena
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 March 2007
Keywords: Lending channel, monetary transmission, reserve requirements, reserve requirement, money market, monetary conditions, central bank,
This paper exploits a panel dataset comprising 1,565 banks in 20 emerging countries during 1989- 2001 and compares the response of the volume of loans and the rates on loans and deposits to various measures of mone...