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| Author: | Ferreira, C. |
| Title: | The bank lending channel transmission of monetary policy in the EMU: A case study of Portugal |
| Journal: | European Journal of Finance
2007 : JAN/FEB, VOL. 13:1-2, p. 181-193 |
| Index terms: | monetary policy bank lending case studies Portugal EMU |
| Freeterms: | EMS |
| Language: | eng |
| Abstract: | In this paper, confirmed is the importance of bank performance to the credit lending channel of monetary policy in the EMU countries, and especially in Portugal. The main innovations are: (i) the use of macro and microeconomic statistical data, (ii) the introduction of three calculated bank-performance indicators into an adaptation of the Bernanke and Binder model, (iii) the use of panel data estimations etc. |
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