Recent research has identified periods when the Federal Reserve intentionally acted to slow inflation when it exceeded ...

The study examines how financial constraints and inattentiveness affect firms' investment responses to monetary policy, ...

It presents an intertemporal two-sector model with a credit channel of monetary transmission. In this setting, inflation reduces real wages through (1) a decline of the capital stock, and (2) a shift ...

Bangladesh Bank should adopt an accommodative monetary policy instead of an ultra-tight monetary policy, as recommended by the task force on re-strategising the economy and mobilising resources for ...

These findings suggest two main takeaways: Financial conditions are an important channel in the transmission of monetary policy to economic activity. Firm characteristics can help us better understand ...

We study the two-way relationship between fixed-rate mortgages (FRMs) and monetary policy in a panel of up to 35 countries over the last two decades. The dataset includes quarterly information on the ...

RATE CUTS do not necessarily boost credit activity even as monetary policy is seen to influence bank lending, a study by researchers from the Bangko Sentral ng Pilipinas (BSP) showed. “Central banks ...

Scharfstein, David S., and Adi Sunderam. "Market Power in Mortgage Lending and the Transmission of Monetary Policy." April 2015. Mimeo.

RBA Assistant Governor (financial markets) Kent spoke this evening on The financial system and monetary ... channel, and that, in turn, is only one of the channels of monetary policy transmission”.