Authors
Claire Loupias, Frédérique Savignac, Patrick Sevestre
Publication date
2001/12
Journal
Available at SSRN 356640
Description
This paper aims at providing some empirical evidence about the impact of monetary policy on Kashyap and Stein (2000) using a panel data set comprising 312 banks observed quarterly over the period 1993-2000. We find that bank lending decreases after a monetary policy tightening. Moreover, as in several other Euro area economies, banks' liquidity appears to impact significantly on their lending behavior.
Total citations
Scholar articles
C Loupias, F Savignac, P Sevestre - Available at SSRN 356640, 2001