Please use this identifier to cite or link to this item: http://dspace.mediu.edu.my:8181/xmlui/handle/10419/3871
Title: Banks' regulatory buffers, liquidity networks and monetary policy transmission
Keywords: E52
G21
G28
C23
ddc:330
Monetary policy transmission
Bank lending channel
Bank capital channel
Liquidity networks
Transmissionsmechanismus
Bank
Eigenkapital
Bankenliquidität
Schätzung
Deutschland
Issue Date: 16-Oct-2013
Publisher: Deutsche Bundesbank, Frankfurt, Main
Description: Based on a quarterly regulatory dataset for German banks from 1999 to 2004, this paper analyzes the effects of banks’ regulatory capital on the transmission of monetary policy in a system of liquidity networks. The dynamic panel regression results provide evidence in favor of the bank capital channel theory. Banks holding less regulatory capital and less interbank liquidity react more restrictively to a monetary tightening than their peers.
URI: http://koha.mediu.edu.my:8181/xmlui/handle/10419/3871
Other Identifiers: Discussion paper / Series 2 Deutsche Bundesbank, Frankfurt, Main 2006,06
urn:isbn:3865582001
http://hdl.handle.net/10419/3871
ppn:517215381
RePEc:zbw:bubdp2:4771
Appears in Collections:EconStor

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