Firm Balance Sheets and Monetary Policy Transmission

By Adam B. Ashcraft, Murillo Campello. 2007

112 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/bbd407cd3b1887f68ffa2eb1c3f770611abd88f8

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Citations in the corpus

The International Transmission of Bank Liquidity Shocks: Evidence from an Emerging Market (2012, background): “…work uses variation across banks and rms (e.g., Kashyap, Lamont, and Stein (1994), Kashyap and Stein (2000), Campello (2002), Ashcraft (2006), and Ashcraft and Campello (2007)) or natural experiments (e.g., Peek and Rosengren (1997), Peek and Rosengren (2000a), Ashcraft (2005), Gan (2007),…”
The Impact of Supply Constraints on Bank Lending in the Euro Area - Crisis Induced Crunching? (2010, background): “…factors (e.g. Peek and Rosengren, 1995; Kashyap and Stein, 2000; Ashcraft, 2003; Chatelain et al., 2003; Ehrmann et al., 2003; Gambacorta and Mistrulli, 2004; Kishan and Opiela, 2000 and 2006; Ashcraft and Campello, 2007; Den Haan et al., 2009; Altunbas et al., 2009; Jiménez et al., 2010).”
The Bank Lending Channel Revisited (2011, background): “The zero-profit condition for households, (8), can be combined with (5), (6), and rearranged as10  ≡  (1− ) (− ) 2 (2) + [(1− ) − (− )]  −  (1 + ) + (1 +  ) = 0 (11)”
The Transmission of Monetary Policy through Bank Lending: The Floating Rate Channel (2017, unknown): “Ashcraft and Campello (2007) and Ciccarelli, Maddaloni, and Peydró (2014) control for the possibility that these results might be driven by a contraction of bank lending supply, and both find 2The effect is even larger for small and medium sized firms outside of our sample as they rely more on bank…”