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- W2766208467 abstract "This paper shows that the bank lending channel impacts on lending and on the risk of a banking crisis. The results show that an increase in interest rates will decrease future bank lending and the likelihood of a banking crisis. This effect is dampened during recessionary periods in European countries. Policy implications are also provided. The detrimental effects of a lax monetary policy on a crisis are reduced directly by a highly capitalised financial sector and indirectly in an economy with highly liquid financial entities via lending growth." @default.
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- W2766208467 date "2017-10-30" @default.
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- W2766208467 title "Money, Lending and Banking Crises" @default.
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- W2766208467 doi "https://doi.org/10.1111/1759-3441.12195" @default.
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