Bank lending and the stock market's response to monetary policy shocks

This paper explores whether a limited participation model modified to include features of the bank lending channel can account for the empirically observed reaction of stock market returns to monetary policy shocks. When calibrated to match characteristics of US data, the model generates responses t...

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Bibliographic details
Volume: 17
Main Author: Scharler, Johann
Format: Journal Article
Language: English
Place of publication: AMSTERDAM Elsevier Inc 2008
ELSEVIER SCIENCE BV
Elsevier
Elsevier Science Ltd
published in: International review of economics & finance Vol. 17; no. 3; pp. 425 - 435
Data of publication: 2008
ISSN: 1059-0560
1873-8036
EISSN: 1873-8036
Discipline: Economics
Business
Series: International Review of Economics & Finance
Subjects:
G12
E44
Online Access: available in Bonn?
Database: Social Sciences Citation Index
Web of Science - Social Sciences Citation Index - 2008
Web of Knowledge
Web of Science
RePEc
RePEc IDEAS
CrossRef
ProQuest One Business (Alumni)
ProQuest One Business
Database information Databases - DBIS