Monetary Policy Transmission in Emerging Asia is popular PDF and ePub book, written by Nasha Ananchotikul in 2015-09-28, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Monetary Policy Transmission in Emerging Asia can be Read Online from any device for your convenience.
Monetary Policy Transmission in Emerging Asia Book PDF Summary
Given the heavy reliance on bank lending as the main source of financing in most Asian economies, banks could potentially play a pivotal role in monetary policy transmission. However, we find that Asia's bank lending channel or, more broadly, credit channel of domestic monetary policy is not very strong at the aggregate level. Using bank-level data for nine Asian economies during 2000-2013, we show that heterogeneity of bank characteristics (e.g., ownership type, financial position), degree of foreign bank penetration of the domestic banking sector, and global financial conditions all have a bearing on the response of domestic credit to changes in domestic monetary policy, and may account for the apparently weak credit channel at aggregate level.
Detail Book of Monetary Policy Transmission in Emerging Asia PDF
- Author : Nasha Ananchotikul
- Release : 28 September 2015
- Publisher : International Monetary Fund
- ISBN : 9781513506005
- Genre : Business & Economics
- Total Page : 34 pages
- Language : English
- PDF File Size : 16,6 Mb
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