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Test of the bank lending channel: The case of Hungary

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  • معلومة اضافية
    • بيانات النشر:
      General Association of Economists from Romania, 2014.
    • الموضوع:
      2014
    • Collection:
      LCC:Business
      LCC:Economic theory. Demography
      LCC:Economics as a science
    • نبذة مختصرة :
      This study examines the bank lending channel for Hungary based on a simultaneous-equation model consisting of the demand for and supply of bank loans. The three-stage least squares method is applied. This paper finds evidence of a bank lending channel for Hungary. Expansionary monetary policy via a lower interbank rate or open market purchase of government bonds to increase bank reserves/deposits would increase bank loan supply.
    • File Description:
      electronic resource
    • ISSN:
      1841-8678
      1844-0029
    • Relation:
      http://store.ectap.ro/articole/947.pdf; https://doaj.org/toc/1841-8678; https://doaj.org/toc/1844-0029
    • الرقم المعرف:
      edsdoj.7bbdf34aa9b04e9da4f145618df98970