Credit channel without the LM curve
Autor(a) principal: | |
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Data de Publicação: | 2001 |
Outros Autores: | |
Tipo de documento: | Artigo |
Idioma: | eng |
Título da fonte: | Economia Aplicada |
Texto Completo: | https://www.revistas.usp.br/ecoa/article/view/218840 |
Resumo: | This paper extends Bernanke and Blinder (1988)'s macroeconomic model of credit channel to an environment where the monetary authority has control over a short-term interest rate. The comparative statics regarding changes in the market interest rate, in the required reserve ratio over bank deposits, and in the risk of public bonds are highlighted. |
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oai:revistas.usp.br:article/218840 |
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USP-21 |
network_name_str |
Economia Aplicada |
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|
spelling |
Credit channel without the LM curvecredit channelIS-LM modelinterest rate instrumentrequired reservesbank spreadThis paper extends Bernanke and Blinder (1988)'s macroeconomic model of credit channel to an environment where the monetary authority has control over a short-term interest rate. The comparative statics regarding changes in the market interest rate, in the required reserve ratio over bank deposits, and in the risk of public bonds are highlighted.Universidade de São Paulo, FEA-RP/USP2001-02-10info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionapplication/pdfhttps://www.revistas.usp.br/ecoa/article/view/21884010.11606/1413-8050/ea218840Economia Aplicada; Vol. 5 Núm. 1 (2001); 213-227Economia Aplicada; Vol. 5 No. 1 (2001); 213-227Economia Aplicada; v. 5 n. 1 (2001); 213-2271980-53301413-8050reponame:Economia Aplicadainstname:Universidade de São Paulo (USP)instacron:USPenghttps://www.revistas.usp.br/ecoa/article/view/218840/199925Copyright (c) 2001 Economia Aplicadahttp://creativecommons.org/licenses/by-nc/4.0info:eu-repo/semantics/openAccessChu, Victorio Y. T. Nakane, Marcio I. 2023-11-13T18:31:19Zoai:revistas.usp.br:article/218840Revistahttps://www.revistas.usp.br/ecoaPUBhttps://www.revistas.usp.br/ecoa/oai||revecap@usp.br1980-53301413-8050opendoar:2023-11-13T18:31:19Economia Aplicada - Universidade de São Paulo (USP)false |
dc.title.none.fl_str_mv |
Credit channel without the LM curve |
title |
Credit channel without the LM curve |
spellingShingle |
Credit channel without the LM curve Chu, Victorio Y. T. credit channel IS-LM model interest rate instrument required reserves bank spread |
title_short |
Credit channel without the LM curve |
title_full |
Credit channel without the LM curve |
title_fullStr |
Credit channel without the LM curve |
title_full_unstemmed |
Credit channel without the LM curve |
title_sort |
Credit channel without the LM curve |
author |
Chu, Victorio Y. T. |
author_facet |
Chu, Victorio Y. T. Nakane, Marcio I. |
author_role |
author |
author2 |
Nakane, Marcio I. |
author2_role |
author |
dc.contributor.author.fl_str_mv |
Chu, Victorio Y. T. Nakane, Marcio I. |
dc.subject.por.fl_str_mv |
credit channel IS-LM model interest rate instrument required reserves bank spread |
topic |
credit channel IS-LM model interest rate instrument required reserves bank spread |
description |
This paper extends Bernanke and Blinder (1988)'s macroeconomic model of credit channel to an environment where the monetary authority has control over a short-term interest rate. The comparative statics regarding changes in the market interest rate, in the required reserve ratio over bank deposits, and in the risk of public bonds are highlighted. |
publishDate |
2001 |
dc.date.none.fl_str_mv |
2001-02-10 |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion |
format |
article |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
https://www.revistas.usp.br/ecoa/article/view/218840 10.11606/1413-8050/ea218840 |
url |
https://www.revistas.usp.br/ecoa/article/view/218840 |
identifier_str_mv |
10.11606/1413-8050/ea218840 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.relation.none.fl_str_mv |
https://www.revistas.usp.br/ecoa/article/view/218840/199925 |
dc.rights.driver.fl_str_mv |
Copyright (c) 2001 Economia Aplicada http://creativecommons.org/licenses/by-nc/4.0 info:eu-repo/semantics/openAccess |
rights_invalid_str_mv |
Copyright (c) 2001 Economia Aplicada http://creativecommons.org/licenses/by-nc/4.0 |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
application/pdf |
dc.publisher.none.fl_str_mv |
Universidade de São Paulo, FEA-RP/USP |
publisher.none.fl_str_mv |
Universidade de São Paulo, FEA-RP/USP |
dc.source.none.fl_str_mv |
Economia Aplicada; Vol. 5 Núm. 1 (2001); 213-227 Economia Aplicada; Vol. 5 No. 1 (2001); 213-227 Economia Aplicada; v. 5 n. 1 (2001); 213-227 1980-5330 1413-8050 reponame:Economia Aplicada instname:Universidade de São Paulo (USP) instacron:USP |
instname_str |
Universidade de São Paulo (USP) |
instacron_str |
USP |
institution |
USP |
reponame_str |
Economia Aplicada |
collection |
Economia Aplicada |
repository.name.fl_str_mv |
Economia Aplicada - Universidade de São Paulo (USP) |
repository.mail.fl_str_mv |
||revecap@usp.br |
_version_ |
1800221693214457856 |