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Technological innovation and the bank lending channel of monetary policy transmission

Hasan, Iftekhar; Li, Xiang; Takalo, Tuomas - Leibniz-Institut für Wirtschaftsforschung Halle - 2023 - This version: 23.11.2023

This paper studies whether and how banks’ technological innovations affect the bank lending channel of monetary policy transmission. We first provide a theoretical model in which banks' technological innovation relaxes firms’ earning-based borrowing constraints and thereby enlarges the...

Persistent link: https://www.econbiz.de/10014429944

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Knowledge territorial behavior congruence and innovation process : the moderating role of team territorial climate

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