@techreport{NBERw4317,
 title = "Monetary Policy and Bank Lending",
 author = "Anil Kashyap and Jeremy C. Stein",
 institution = "National Bureau of Economic Research",
 type = "Working Paper",
 series = "Working Paper Series",
 number = "4317",
 year = "1993",
 month = "April",
 URL = "http://www.nber.org/papers/w4317",
 abstract = {This paper surveys recent work that relates to the "lending" view of monetary policy transmission. It has three main goals: 1) to explain why it is important to distinguish between the lending and "money" views of policy transmission; 2) to outline the microeconomic conditions that are needed to generate a lending channel; and 3) to review the empirical evidence that bears on the lending view.},
}