Inside the Black Box

Bernanke, B., & Gertler, M. (1995). Inside the Black Box: The Credit Channel of Monetary Policy Transmission.

Type

Report

Intellectual base

Grey literature

Year

1995

DOI

10.3386/w5146

Link

https://doi.org/10.3386/w5146

Cited by

1 citation across 1 artifact.

Domain-specific

• Credit channel
  • The credit channel is the monetary-transmission mechanism in which policy-induced changes in borrower balance sheets or intermediary loan supply alter the external-finance premium and credit availability, amplifying effects on investment and expenditure.

Verification

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Registry ID ref:934768243e55 · see in the full table