Unorganized loan markets and monetary policy instruments

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dc.contributor.author Shahin, Wassim
dc.date.accessioned 2016-05-05T08:38:47Z
dc.date.available 2016-05-05T08:38:47Z
dc.date.copyright 1990 en_US
dc.date.issued 2016-05-05
dc.identifier.issn 0305-750X en_US
dc.identifier.uri http://hdl.handle.net/10725/3676 en_US
dc.description.abstract The paper uses a portfolio balance model to examine the relationship between monetary policy instruments and the unorganized loan rate. Predicting the direction of the change in this rate as a result of varying a policy instrument is important, since this rate is one channel through which a change in a policy instrument transmits to real activity, and since the demand side of the money market is partially re-equilibrated through this change. Studies have not clearly emphasized the relationship between each of the policy instruments and this rate. The findings depart in some cases from existing studies and shed more light on the relationships among policy instruments, monetary aggregates and real activity. en_US
dc.language.iso en en_US
dc.title Unorganized loan markets and monetary policy instruments en_US
dc.type Article en_US
dc.description.version Published en_US
dc.author.school SOB en_US
dc.author.idnumber 199390050 en_US
dc.author.department Department of Economics (ECON) en_US
dc.description.embargo N/A en_US
dc.relation.journal World Development en_US
dc.journal.volume 18 en_US
dc.journal.issue 2 en_US
dc.article.pages 325-332 en_US
dc.identifier.doi http://dx.doi.org/10.1016/0305-750X(90)90056-4 en_US
dc.identifier.ctation Shahin, W. N. (1990). Unorganized loan markets and monetary policy instruments. World Development, 18(2), 325-332. en_US
dc.author.email wshahin@lau.edu.lb en_US
dc.identifier.tou http://libraries.lau.edu.lb/research/laur/terms-of-use/articles.php en_US
dc.identifier.url http://www.sciencedirect.com/science/article/pii/0305750X90900564 en_US

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