 | Heterogeneous Bank Lending Responses to Monetary Policy:New Evidence from a Real-time Identification Author/Editor: John C Bluedorn, Christopher Bowdler, Christoffer Koch. Release Date:May, 2013 We present new evidence on how heterogeneity in banks interacts with monetary policy changes to impact bank lending. Using an exogenous policy measure identified from narratives on FOMC intentions more...
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