The Bank Lending Channel of Monetary Transmission : Does it Work in Turkey?
Does the bank lending channel of monetary transmission work in Turkey? Using the May- June 2006 financial turbulence as an exogenous shock that prompted a significant tightening of monetary policy, this paper examines the loan supply response of Turkey''s banks, depending on their balance...
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| Format: | Book |
| Language: | English |
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Washington, D.C. :
International Monetary Fund,
2007
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| Series: | IMF Working Papers ;
Working Paper No. 07/272 IMF eLibrary |
| Subjects: |