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dc.contributor.authorDell’Ariccia, Giovanni
dc.contributor.authorLaeven, Luc
dc.contributor.authorSuarez, Gustavo
dc.coverage.spatialESTADOS UNIDOSes_ES
dc.date.accessioned2019-11-01T00:07:44Z
dc.date.available2019-11-01T00:07:44Z
dc.date.issued2016
dc.identifier.isbn978-956-7421-52-7
dc.identifier.urihttps://hdl.handle.net/20.500.12580/3853
dc.descriptionThe long period of low interest rates that followed the global financial crisis has rekindled interest in how short-term interest rates affect bank behavior. In particular it has led to a debate on how low policy rates influence bank risk-taking. This risk-taking channel of monetary policy corresponds to the view that interest rate policy affects the quality and not just the quantity of bank credit. From a financial stability perspective one concern is that a protracted period of low interest rates and monetary stimulus could contribute to an increase in financial risk-taking (Rajan 2010 Farhi and Tirole 2012 Acharya Pagano and Volpin 2013 Chodorow-Reich 2014). Concerns about the risk-taking effects of monetary policy have motivated a lively debate about the extent to which financial stability considerations should be an integral part of the monetary policy framework (Woodford 2012 Stein 2014).
dc.format.pdf
dc.format.extentSección o Parte de un Documento
dc.format.mediump. 234-256
dc.language.isoeng
dc.publisherBanco Central de Chile
dc.relation.ispartofSeries on Central Banking Analysis and Economic Policies no. 24
dc.rightsAttribution-NonCommercial-NoDerivs 3.0 Chile*
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/3.0/cl/*
dc.subjectTASAS DE INTERÉSes_ES
dc.subjectPRÉSTAMOS BANCARIOSes_ES
dc.subjectCRISIS FINANCIERAes_ES
dc.titleShort-term interest rates and bank lending terms: evidence from a survey of U.S. loans
dc.type.docArtículo
dc.file.nameBCCh-sbc-v24-p234_256


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Attribution-NonCommercial-NoDerivs 3.0 Chile
Excepto si se señala otra cosa, la licencia del ítem se describe como Attribution-NonCommercial-NoDerivs 3.0 Chile