Matches in SemOpenAlex for { <https://semopenalex.org/work/W2018010956> ?p ?o ?g. }
- W2018010956 abstract "The dramatic increase in securitisation activity has modified the functioning of credit markets by reducing the fundamental role of liquidity transformation performed by financial intermediaries. We claim that the changing role of banks from originate and hold to originate, repackage and sell has also modified banks' abilities to grant credit and the effectiveness of the bank lending channel of monetary policy. Using a large sample of European banks, we find that the use of securitisation appears to shelter banks' loan supply from the effects of monetary policy. Securitisation activity has also strengthened the capacity of banks to supply new loans but this capacity depends upon business cycle conditions as well as upon banks' risk positions. In this respect the recent experience of the sub-prime mortgage loans crisis is very instructive." @default.
- W2018010956 created "2016-06-24" @default.
- W2018010956 creator A5047191177 @default.
- W2018010956 creator A5068524463 @default.
- W2018010956 creator A5076810856 @default.
- W2018010956 date "2007-01-01" @default.
- W2018010956 modified "2023-09-26" @default.
- W2018010956 title "Securitisation and the Bank Lending Channel" @default.
- W2018010956 cites W1480034667 @default.
- W2018010956 cites W1483580708 @default.
- W2018010956 cites W1485432989 @default.
- W2018010956 cites W1503667457 @default.
- W2018010956 cites W1512922739 @default.
- W2018010956 cites W1531270690 @default.
- W2018010956 cites W1536037028 @default.
- W2018010956 cites W1550288364 @default.
- W2018010956 cites W1551507064 @default.
- W2018010956 cites W1556759938 @default.
- W2018010956 cites W1572310625 @default.
- W2018010956 cites W1581488006 @default.
- W2018010956 cites W1592151193 @default.
- W2018010956 cites W1599146179 @default.
- W2018010956 cites W1599184391 @default.
- W2018010956 cites W1930573398 @default.
- W2018010956 cites W1963067788 @default.
- W2018010956 cites W1968666074 @default.
- W2018010956 cites W1982809111 @default.
- W2018010956 cites W1993156302 @default.
- W2018010956 cites W1995052476 @default.
- W2018010956 cites W1999322933 @default.
- W2018010956 cites W2000701743 @default.
- W2018010956 cites W2000926137 @default.
- W2018010956 cites W2003477026 @default.
- W2018010956 cites W2011502307 @default.
- W2018010956 cites W2015226315 @default.
- W2018010956 cites W2020557607 @default.
- W2018010956 cites W2025610165 @default.
- W2018010956 cites W2027838877 @default.
- W2018010956 cites W2035554302 @default.
- W2018010956 cites W2043431305 @default.
- W2018010956 cites W2045065320 @default.
- W2018010956 cites W2047582865 @default.
- W2018010956 cites W2049283018 @default.
- W2018010956 cites W2049296482 @default.
- W2018010956 cites W2051569609 @default.
- W2018010956 cites W2053083429 @default.
- W2018010956 cites W2059583334 @default.
- W2018010956 cites W2072920526 @default.
- W2018010956 cites W2089377638 @default.
- W2018010956 cites W2103861810 @default.
- W2018010956 cites W2108491286 @default.
- W2018010956 cites W2116279145 @default.
- W2018010956 cites W2134443358 @default.
- W2018010956 cites W2137059732 @default.
- W2018010956 cites W2144357229 @default.
- W2018010956 cites W2148187322 @default.
- W2018010956 cites W2149987483 @default.
- W2018010956 cites W2150788039 @default.
- W2018010956 cites W2153101019 @default.
- W2018010956 cites W2157509893 @default.
- W2018010956 cites W2161906138 @default.
- W2018010956 cites W2167639294 @default.
- W2018010956 cites W2172282108 @default.
- W2018010956 cites W2181705635 @default.
- W2018010956 cites W22921842 @default.
- W2018010956 cites W2403035479 @default.
- W2018010956 cites W247320350 @default.
- W2018010956 cites W2523339992 @default.
- W2018010956 cites W2733823363 @default.
- W2018010956 cites W2796930440 @default.
- W2018010956 cites W2916486192 @default.
- W2018010956 cites W3121416078 @default.
- W2018010956 cites W3121511354 @default.
- W2018010956 cites W3121567137 @default.
- W2018010956 cites W3121813873 @default.
- W2018010956 cites W3121922876 @default.
- W2018010956 cites W3122317657 @default.
- W2018010956 cites W3122327925 @default.
- W2018010956 cites W3122417506 @default.
- W2018010956 cites W3122426595 @default.
- W2018010956 cites W3122441799 @default.
- W2018010956 cites W3122518303 @default.
- W2018010956 cites W3122552070 @default.
- W2018010956 cites W3122562632 @default.
- W2018010956 cites W3122613208 @default.
- W2018010956 cites W3122638785 @default.
- W2018010956 cites W3122713524 @default.
- W2018010956 cites W3123747918 @default.
- W2018010956 cites W3123753603 @default.
- W2018010956 cites W3124597994 @default.
- W2018010956 cites W3124641579 @default.
- W2018010956 cites W3124693017 @default.
- W2018010956 cites W3124884110 @default.
- W2018010956 cites W3124898816 @default.
- W2018010956 cites W3124941821 @default.
- W2018010956 cites W3125012867 @default.
- W2018010956 cites W3125163001 @default.
- W2018010956 cites W3125344117 @default.
- W2018010956 cites W3125677162 @default.
- W2018010956 doi "https://doi.org/10.2139/ssrn.1032833" @default.