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O Mecanismo de Transmissão da Política Monetária: Evidências Empíricas Para o Canal do Empréstimo Bancário no Brasil
| Content Provider | Semantic Scholar |
|---|---|
| Author | Neto, Giácomo Balbinotto Dernadin, Anderson Antonio |
| Copyright Year | 2012 |
| Abstract | The research investigates the empirical relevance of banks system, in special, of the bank loan, for the transmission of the monetary policy in Brazil. Using the Auto-Regressive analysis (VAR), it examines the effect of monetary policy shock on the balance sheet of the banks. The main purpose is to discover if the monetary policy affects only the side of the liability of the banks balance sheet, as suggests the traditional vision ("monetary views"), or if affects the side of the assets of the banks balance sheet to, altering the portfolio compositions, especially, the conditions (volume and prices) in that the loans are offer, as suggests the modern "credit views," turning the credit channel relevant to monetary policy transmission. |
| File Format | PDF HTM / HTML |
| DOI | 10.2139/ssrn.2017913 |
| Alternate Webpage(s) | http://www.boletimdeconjuntura.ufpr.br/XI_ANPEC-Sul/artigos_pdf/a3/ANPEC-Sul-A3-14-o_mecanismo_de_transmiss.pdf |
| Language | English |
| Access Restriction | Open |
| Content Type | Text |
| Resource Type | Article |
