This article analyses how financial development affects the bank lending channel in
develo** countries. Our analysis is carried out on a sample of 693 commercial banks from …

After more than two decades of inflation targeting in the world, it is important to evaluate if
the adoption of this regime in a relevant develo** country contributed to the creation of a …

The empirical analysis of this study examines the effect of monetary policy on economic
growth in Lao PDR. This study uses Vector Autoregressive Model (VAR) and quarterly data …

In case of small open economy, the conduct of monetary policy has faced obstacles to
achieve primary goals of price stability, due to high vulnerability to external shocks and weak …

If from one hand credibility is important for the conduct of monetary policy, on the other hand,
greater credibility may eventually stimulate the creation of bubbles in the credit market and …

The global financial crisis emphasized the important role of the prudent monetary policy in
supporting economic growth through maintaining price stability. The monetary policy …

Transforming from quantitative-based instruments to price-based instruments is the primary
goal of the monetary policy transformation in emerging economies. In essence, this process …

Purpose–The purpose of this paper is to present a theoretical model and empirically verifies
the transmission of monetary policy through the credit channel in Brazil. The study verifies if …

We analyse the bank lending activity after the financial crisis and focus on bank-specific
supply factors. Using a rich microeconomic dataset from Bankscope and macroeconomic …

Purpose This paper tests the impact of the financial structure of banks on the bank lending
channel of monetary policy transmission in Colombia. Design/methodology/approach We …