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Author
Cohen-Cole, Ethan (1)
Martínez-García, Enrique (1)
Subject
POLÍTICA MONETARIA (1)... View More
Date Issued
2010 (1)
Document Type
Artículo (1)
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The balance sheet channel 

Author
Cohen-Cole, Ethan; Martínez-García, Enrique
Date
Banco Central de Chile, 2010
Subject
POLÍTICA MONETARIA
We study the role of the balance sheet channel of monetary policy in an environment in which credit plays an important role in the funding of new capital investment. Specifically, we ask whether the transmission mechanism of monetary policy is altered in an environment in which financial intermediation ...
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