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In this study, we estimate and investigate the evolution of monetary rules in China and the UnitedStates during the 21st century. Our aim is to examine whether financial stability has been takeninto consideration in practical monetary policy decision making. By proposing a new estimation method...
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Off-balance-sheet (OBS) activities are special means of credit expansion of commercial banks, which can affect banks' assets allocation decisions, loans supplies, and the bank lending channel of monetary policy transmission. This paper analyses the impact of OBS activities on banks' asset...
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Off-Balance-Sheet activities are special means of credit expansion of commercial banks, which can affect banks' assets allocation decisions, loans supplies, and the bank lending channel of monetary policy transmission. This paper analyses the impact of OBS activities on banks’ asset allocation...
Persistent link: https://www.econbiz.de/10013292044