Unorganized loan markets and monetary policy instruments
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 i...
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1990
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| Online Access: | http://hdl.handle.net/10725/3676 http://dx.doi.org/10.1016/0305-750X(90)90056-4 http://libraries.lau.edu.lb/research/laur/terms-of-use/articles.php http://www.sciencedirect.com/science/article/pii/0305750X90900564 |
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| _version_ | 1864513461712584704 |
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| author | Shahin, Wassim |
| author_facet | Shahin, Wassim |
| author_role | author |
| dc.creator.none.fl_str_mv | Shahin, Wassim |
| dc.date.none.fl_str_mv | 1990 2016-05-05T08:38:47Z 2016-05-05T08:38:47Z 2016-05-05 |
| dc.identifier.none.fl_str_mv | 0305-750X http://hdl.handle.net/10725/3676 http://dx.doi.org/10.1016/0305-750X(90)90056-4 Shahin, W. N. (1990). Unorganized loan markets and monetary policy instruments. World Development, 18(2), 325-332. http://libraries.lau.edu.lb/research/laur/terms-of-use/articles.php http://www.sciencedirect.com/science/article/pii/0305750X90900564 |
| dc.language.none.fl_str_mv | en |
| dc.relation.none.fl_str_mv | World Development |
| dc.rights.*.fl_str_mv | info:eu-repo/semantics/openAccess |
| dc.title.none.fl_str_mv | Unorganized loan markets and monetary policy instruments |
| dc.type.none.fl_str_mv | Article info:eu-repo/semantics/publishedVersion info:eu-repo/semantics/article |
| description | 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. |
| eu_rights_str_mv | openAccess |
| format | article |
| id | LAURepo_0214816a7a5685c79ae0d1ec8e4af91c |
| identifier_str_mv | 0305-750X Shahin, W. N. (1990). Unorganized loan markets and monetary policy instruments. World Development, 18(2), 325-332. |
| language_invalid_str_mv | en |
| network_acronym_str | LAURepo |
| network_name_str | Lebanese American University repository |
| oai_identifier_str | oai:laur.lau.edu.lb:10725/3676 |
| publishDate | 1990 |
| repository.mail.fl_str_mv | |
| repository.name.fl_str_mv | |
| repository_id_str | |
| spelling | Unorganized loan markets and monetary policy instrumentsShahin, WassimThe 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.PublishedN/A2016-05-05T08:38:47Z2016-05-05T08:38:47Z19902016-05-05Articleinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/article0305-750Xhttp://hdl.handle.net/10725/3676http://dx.doi.org/10.1016/0305-750X(90)90056-4Shahin, W. N. (1990). Unorganized loan markets and monetary policy instruments. World Development, 18(2), 325-332.http://libraries.lau.edu.lb/research/laur/terms-of-use/articles.phphttp://www.sciencedirect.com/science/article/pii/0305750X90900564enWorld Developmentinfo:eu-repo/semantics/openAccessoai:laur.lau.edu.lb:10725/36762021-03-19T09:10:06Z |
| spellingShingle | Unorganized loan markets and monetary policy instruments Shahin, Wassim |
| status_str | publishedVersion |
| title | Unorganized loan markets and monetary policy instruments |
| title_full | Unorganized loan markets and monetary policy instruments |
| title_fullStr | Unorganized loan markets and monetary policy instruments |
| title_full_unstemmed | Unorganized loan markets and monetary policy instruments |
| title_short | Unorganized loan markets and monetary policy instruments |
| title_sort | Unorganized loan markets and monetary policy instruments |
| url | http://hdl.handle.net/10725/3676 http://dx.doi.org/10.1016/0305-750X(90)90056-4 http://libraries.lau.edu.lb/research/laur/terms-of-use/articles.php http://www.sciencedirect.com/science/article/pii/0305750X90900564 |