Monetary policy and bank lending in a low interest rate environment: Diminishing effectiveness?
By C. Borio, L. Gambacorta. 2017
205 citations recorded by the source corpus.
Subfields: Accounting, Finance
View Paper: https://www.semanticscholar.org/paper/f527096a988cc0fcfb382903facdd4971d2bcc75
How researchers see this paper
The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.
In Accounting
In Finance
- Anna Zabai
- C. Borio
- Hélène Rey
- Mathias Drehmann
- Piti Disyatat
- Frank Smets
- Hyun Song Shin
- L. Gambacorta
Citations in the corpus
- Unconventional monetary policies: a re-appraisal (2018, background): “Similarly, there is evidence that the impact of interest rates on lending weakens as they fall to very low levels and squeeze net interest margins (Borio and Gambacorta (2016)). and pervasive role money plays in our fundamentally monetary economies.”
- Negative Nominal Interest Rates and the Bank Lending Channel (2019, unknown): “Moreover, the deposit bound is independent of the features considered in Brunnermeier and Koby (2017) (such as maturity mismatch, market structure etc.”