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Securitization and the efficacy of monetary policy : commentary

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  • Sonya W. Stanton

Abstract

Paper for a conference sponsored by the Federal Reserve Bank of New York entitled Financial Innovation and Monetary Transmission

Suggested Citation

  • Sonya W. Stanton, 2002. "Securitization and the efficacy of monetary policy : commentary," Economic Policy Review, Federal Reserve Bank of New York, vol. 8(May), pages 257-258.
  • Handle: RePEc:fip:fednep:y:2002:i:may:p:257-258:n:v.8no.1
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    References listed on IDEAS

    as
    1. James, Christopher, 1988. "The use of loan sales and standby letters of credit by commercial banks," Journal of Monetary Economics, Elsevier, vol. 22(3), pages 395-422.
    2. Stanton, Sonya Williams, 1998. "The Underinvestment Problem and Patterns in Bank Lending," Journal of Financial Intermediation, Elsevier, vol. 7(3), pages 293-326, July.
    3. Stulz, ReneM. & Johnson, Herb, 1985. "An analysis of secured debt," Journal of Financial Economics, Elsevier, vol. 14(4), pages 501-521, December.
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