Journal article | Zeitschriftenartikel
Banks’ Regulatory Buffers, Liquidity Networks and Monetary Policy Transmission
Based on a quarterly regulatory dataset for German banks from 1999 to 2004, this paper analyzes the effects of banks’ regulatory capital on the transmission of monetary policy in a system of liquidity networks. The dynamic panel regression results provide evidence in favour of the bank capital channel theory. Banks holding less regulatory capital and less interbank liquidity react more restrictively to a monetary tightening than their peers.
- Sprache
-
Englisch
- Umfang
-
Seite(n): 2013-2024
- ISSN
-
1466-4283
- Anmerkungen
-
Status: Postprint; begutachtet (peer reviewed)
- Erschienen in
-
Applied Economics, 41(16)
- Thema
-
Wirtschaft
Volkswirtschaftstheorie
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Merkl, Christian
Stolz, Stéphanie
- Ereignis
-
Veröffentlichung
- (wann)
-
2009
- DOI
- URN
-
urn:nbn:de:0168-ssoar-242060
- Rechteinformation
-
GESIS - Leibniz-Institut für Sozialwissenschaften. Bibliothek Köln
- Letzte Aktualisierung
-
21.06.2024, 16:27 MESZ
Datenpartner
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GESIS - Leibniz-Institut für Sozialwissenschaften. Bibliothek Köln. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Zeitschriftenartikel
Beteiligte
- Merkl, Christian
- Stolz, Stéphanie
Entstanden
- 2009
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