haku: @indexterm Sectoral models / yhteensä: 10
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| Tekijä: | Küppers, M. |
| Otsikko: | Curtailing the black box: German banking groups in the transmission of monetary policy |
| Lehti: | European Economic Review
2001 : DEC, VOL. 45:10, p. 1907-1930 |
| Asiasana: | BANKING MONETARY POLICY SECTORAL MODELS GERMANY |
| Kieli: | eng |
| Tiivistelmä: | The paper examines the role of portfolio decisions of German banking groups in the transmission of monetary policy. A small econometric model is augmented with segregated bank balance-sheet variables in order to study potentially different effects of tight money on these variables. The results provide evidence for banks playing in active role in the transmission process. |
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