The credit channel at work: lessons from the financial crisis in Korea

马甲甲

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收藏 2015-01-14

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【全文链接或数据库名称(选填)】The credit channel at work: lessons from the financial crisis in KoreaG Ferri, TS Kang - Economic Notes, 1999 - Wiley Online Library
We demonstrate that the credit channel of transmission of monetary/® nancial shocks
appears to have aggravated Korea's economic crisis. We use micro-data gathered at the
individual bank level to identify this channel of transmission. Our major® ndings are as ...
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