The Effect of Targeted Monetary Policy on Bank Lending
This paper studies the effect of central banks’ targeted refinancing operations on bank lending. It utilizes data from the European Central Bank’s targeted longer-term refinancing operations (TLTROs) together with monthly bank level balance sheet data from multiple countries. The effect of target...
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| Format: | Article |
| Language: | English |
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University of Warsaw
2021-06-01
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| Series: | Journal of Banking and Financial Economics |
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| Online Access: | https://press.wz.uw.edu.pl/cgi/viewcontent.cgi?article=1029&context=jbfe |