Economic policy uncertainty and the credit channel: Aggregate and bank level US evidence over several decades
Economic policy uncertainty affects decisions of households, businesses, policy makers and
financial intermediaries. We first examine the impact of economic policy uncertainty on …
financial intermediaries. We first examine the impact of economic policy uncertainty on …
Monetary versus macroprudential policies: causal impacts of interest rates and credit controls in the era of the UK Radcliffe Report
We have entered a world of conjoined monetary and macroprudential policies. But can they
function smoothly in tandem, and with what effects? Since this policy cocktail has not been …
function smoothly in tandem, and with what effects? Since this policy cocktail has not been …
The financial origins of the rise and fall of American inflation
We propose and test a new explanation for the rise and fall of the Great Inflation, a defining
event in macroeconomics. We argue that its rise was due to the imposition of binding deposit …
event in macroeconomics. We argue that its rise was due to the imposition of binding deposit …
Nonlinear impact of economic policy uncertainty shocks on credit scale: Evidence from China
We explore the nonlinear effect of economic policy uncertainty shocks on the credit scale in
China by applying a Smooth Transition VAR Model and the monthly data from April 1996 to …
China by applying a Smooth Transition VAR Model and the monthly data from April 1996 to …
[PDF][PDF] Credit crunches and the great stagflation
We show that severe credit crunches in the banking system contributed to the Great
Stagflation of the 1970s. The credit crunches were due to Fed tightening in the presence of a …
Stagflation of the 1970s. The credit crunches were due to Fed tightening in the presence of a …
Interest rate liberalization and pass-through of monetary policy rate to bank lending rates in China
J Li, MH Liu - Frontiers of Business Research in China, 2019 - Springer
We examine whether the effectiveness of the monetary policy rate transmission differs
before and after interest rate liberalization in China using the autoregressive distributed lag …
before and after interest rate liberalization in China using the autoregressive distributed lag …
Financial consumer protection and economic growth
M Kriese, JY Abor, E Agbloyor - International Journal of Emerging …, 2019 - emerald.com
Purpose The purpose of this paper is to examine the link between financial consumer
protection (FCP) and economic growth. Design/methodology/approach The authors use …
protection (FCP) and economic growth. Design/methodology/approach The authors use …
Inflation and disintermediation
We test a bank credit channel through which unexpected increases in inflation lead to short-
run macroeconomic fluctuations. For identification, we study an unexpected US inflation …
run macroeconomic fluctuations. For identification, we study an unexpected US inflation …
Bank regulations and surges and stops in credit: panel evidence
J Thornton, C Vasilakis - Journal of Financial Stability, 2023 - Elsevier
Prudential bank regulation complicates monetary policy because it has cyclical effects on
the growth of bank credit, which can be a channel through which monetary policy is …
the growth of bank credit, which can be a channel through which monetary policy is …
Proposal and validation of a financial protection perception scale
KM Vieira, CV Brasil, AA Bressan… - … Journal of Consumer …, 2023 - Wiley Online Library
This article proposes and validates a financial protection perception scale (FPPS) from the
perspective of the financial services consumer. The scale was applied to a sample of 1137 …
perspective of the financial services consumer. The scale was applied to a sample of 1137 …