UID:
edoccha_9958116966602883
Format:
1 online resource (21 p.)
ISBN:
1-4843-1230-9
,
1-4755-4027-2
,
1-4843-1232-5
Series Statement:
IMF Working Papers
Content:
This paper investigates the transmission of monetary policy by private banks in Brazil during the recent easing cycle. The analysis presented uses a panel dataset with information on lending by private banks in Brazil and concludes that monetary transmission through lending volumes was not impaired. Instead, the observed diminished lending appears to be related to supply and demand factors, as well as to the rapid expansion of public banks’ lending.
Note:
Description based upon print version of record.
,
Cover; Abstract; Contents; I. Introduction; II. Stylized Facts; Figures; 1. Credit Growth and Monetary Policy (In percent); Tables; 1. Monetary Transmission Through Lending Rates; 2. By Borrower, Change in Selic and Lending Growth; III. Methodology and Data Description; 3. Serasa Indicator of Credit Requests (Growth, yoy, in percent); 4. Credit Growth by Bank Ownership (yoy, in percent); IV. Results; V. Conclusions; VI. References; 2.a. Descriptive Statistics; 2.b. Definition of Variables; 5. Description of the Variables; 3. Monetary Transmission and Changes during the 2012 Easing Cycle
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4. Impact of Selected Factors on Lending Growth5. Testing for Changes in the Sensitivity of Lending Growth to Factors; 6. Impact of Public Banks' Lending
,
English
Additional Edition:
ISBN 1-4843-1200-7
Language:
English
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