A Study on the Effect of Granular Residual in the Banking Network on the Transmission of Monetary Policy through Lending Channel
Granular residual is created in the banking network when there are a few large banks with many small banks. In this case, the effect of the shocks on each bank not lost in total that can lead to macro-economic consequences. The transmission of monetary policy through change in bank facilities is one...
Main Authors: | Hamid Reza Horry, Sayyed Abdolmajid Jalaee Esfand abadi, Mehdi Nejati, Siminossadat Mirhashemi Naeini |
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Format: | Article |
Language: | English |
Published: |
University of Sistan and Baluchestan
2018-07-01
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Series: | International Journal of Business and Development Studies |
Subjects: | |
Online Access: | https://ijbds.usb.ac.ir/article_4054_211b6058a3994d8677923409afcc6c3f.pdf |
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