Does the Bank Lending Channel of Monetary Transmission Work in Turkey?

Does the Bank Lending Channel of Monetary Transmission Work in Turkey?
Does the bank lending channel of monetary transmission work in Turkey? Using the May- June 2006 financial turbulence as an exogenous shock that prompted a significant tightening of monetary policy, this paper examines the loan supply response of Turkey's banks, depending on their balance sheet characteristics. The empirical results indicate that... READ MORE...

Publication date: December 2007
ISBN 9781451868357
$18.00

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