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- W3122410004 abstract "Do monetary policy actions have a uniform national effect? Or do the separate, but interdependent, regions of the country respond differently to changes in policy? In this article, Jerry Carlino and Bob DeFina demonstrate that monetary policy does have differential effects across regions. They also examine three reasons why the effects may differ: regional differences in the mix of interest-sensitive industries, in the ability of banks to alter their balance sheets, and in the mix of large and small borrowers.(This abstract was borrowed from another version of this item.)" @default.
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- W3122410004 date "1994-01-01" @default.
- W3122410004 modified "2023-09-27" @default.
- W3122410004 title "Does monetary policy have differential regional effects" @default.
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