Historical Perspectives on the Monetary Transmission Mechanism
Published Date
Copyright 1994
ISBN 0226503089
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Copy CitationJeffrey A. Miron, Christina D. Romer, and David N. Weil, Monetary Policy (The University of Chicago Press, 1994), chap. 8, https://www.nber.org/books-and-chapters/monetary-policy/historical-perspectives-monetary-transmission-mechanism.
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This paper examines changes over time in the importance of the lending channel in the transmission of monetary shocks...