Market Power And Monetary Policy Transmission
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Language: en
Pages: 56
Pages: 56
Type: BOOK - Published: 2021-07-09 - Publisher: International Monetary Fund
We show that firms’ market power dampens the response of their output to monetary policy shocks, using firm-level data for the United States and a large cross
Language: en
Pages:
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Type: BOOK - Published: 2020 - Publisher:
We quantify the impact of bank market power on monetary policy transmission through banks to borrowers. We estimate a dynamic banking model in which monetary po
Language: en
Pages: 44
Pages: 44
Type: BOOK - Published: 2016 - Publisher:
This paper examines empirically the role of bank market power as an internal factor influencing banks' reaction in terms of lending and risk taking to monetary
Language: en
Pages: 54
Pages: 54
Type: BOOK - Published: 2020-02-21 - Publisher: International Monetary Fund
Central banks in emerging and developing economies (EMDEs) have been modernizing their monetary policy frameworks, often moving toward inflation targeting (IT).
Language: en
Pages: 0
Pages: 0
Type: BOOK - Published: 2023 - Publisher:
This paper empirically examines the effect of corporate market power on monetary policy transmission in Asia. Using panel local projections based on a firm-leve
