This paper analyses empirically the role of bank lending in monetary policy transmission on the basis of Greek bank level data. Two approaches have been taken. One employing a reduced form equation linking monetary policy and distributional variables to bank loans in the spirit of Kashyap and...

This paper aims to analyze the source of territorial disparities in Peruvian family’s expenditures for period 1998-2003 using a microeconomic approach. Generally speaking, the objective is to clarify the causes and differences in per inhabitant- familiar expenditures, studying the families...