Bank risk aversion and the risk-taking channel of monetary policy in the euro area
The financial crisis has provoked economic policy interest and academic research on the functioning and empirical verification of the risktaking channel of monetary policy. The results of this paper demonstrate how the European Central Bank’s Bank lending survey responses can be used to construct a...
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| Format: | Article |
| Language: | English |
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Economists' Association of Vojvodina
2017-01-01
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| Series: | Panoeconomicus |
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| Online Access: | http://www.doiserbia.nb.rs/img/doi/1452-595X/2017/1452-595X1600016D.pdf |