Abstracts - faqs.org

Abstracts

Economics

Search abstracts:
Abstracts » Economics

Inside the black box: the credit channel of monetary policy transmission

Article Abstract:

Empirical analysis on the effects of monetary policy has viewed the monetary transmission mechanism as a 'black box.' The credit channel's role in the black box of monetary policy transmission is presented. The balance sheet channel and the bank lending channel are two linkages examined. It is proposed that allowing a certain type of credit channel is needed to understand the response of the economy to changes in monetary policy.

Author: Gertler, Mark, Bernanke, Ben
Publisher: American Economic Association
Publication Name: Journal of Economic Perspectives
Subject: Economics
ISSN: 0895-3309
Year: 1995
Analysis, Credit, Loans

User Contributions:

Comment about this article or add new information about this topic:

CAPTCHA


Systematic monetary policy and the effects of oil price shocks

Article Abstract:

The use of vector autoregression to assess the effects of oil price shocks on the systematic monetary policy showed that oil price shocks are brought about not by the increase in oil prices but by the subsequent tightening of monetary policy that is a reaction to the oil price increase. This response and effect is consistent in all the historical oil price increase data examined.

Author: Gertler, Mark, Bernanke, Ben, Watson, Mark
Publisher: Brookings Institution
Publication Name: Brookings Papers on Economic Activity
Subject: Economics
ISSN: 0007-2303
Year: 1997
Public Finance Activities, Fiscal Policy, Research, Prices and rates, Petroleum

User Contributions:

Comment about this article or add new information about this topic:

CAPTCHA


Medium-term business cycles

Article Abstract:

The impact of medium-frequency oscillations on developed economies is evaluated.

Author: Gertler, Mark, Comin, Diego
Publisher: American Economic Association
Publication Name: American Economic Review
Subject: Economics
ISSN: 0002-8282
Year: 2006
United States, Industrialized Countries, Evaluation, Economic aspects, Business cycles, Industrial nations, Oscillation, Oscillations

User Contributions:

Comment about this article or add new information about this topic:

CAPTCHA


Subjects list: Monetary policy
Similar abstracts:
  • Abstracts: Do the ECB and the Fed really need to cooperate? Optimal monetary policy in a two-country world. A no-arbitrage vector autoregression of term structure dynamics with macroeconomic and latent variables
  • Abstracts: Money demand in China: a disaggregate approach. Economic fluctuation, macro control, and monetary policy in the transitional Chinese economy
  • Abstracts: A re-examination of the reasons for the failure of Keynesian expansionary policies in France, 1981-1983. The immerisation of the landlords: rent in a Kaldorian theory of income distribution
  • Abstracts: Efficiency and optimality in stochastic models with production. Another look at sticky prices and output persistence
  • Abstracts: Higher-education policies and the college wage premium: cross-state evidence from the 1990s. An alternative tests of racial prejudice in motor vehicle searches: theory and evidence
This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.
Some parts © 2025 Advameg, Inc.