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Monetary policy transmission: through money or credit?

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  • Ben S. Bernanke

Abstract

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Suggested Citation

  • Ben S. Bernanke, 1988. "Monetary policy transmission: through money or credit?," Business Review, Federal Reserve Bank of Philadelphia, issue Nov, pages 3-11.
    • Handle: RePEc:fip:fedpbr:y:1988:i:nov:p:3-11
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    File URL: https://www.philadelphiafed.org/-/media/frbp/assets/economy/articles/business-review/1988/brnd88bb.pdf
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    Citations

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    Cited by:

    1. Acharya, Viral V. & Imbierowicz, Björn & Steffen, Sascha & Teichmann, Daniel, 2020. "Does the lack of financial stability impair the transmission of monetary policy?," Journal of Financial Economics, Elsevier, vol. 138(2), pages 342-365.
    2. Rozina Shaheen, 2020. "Credit market conditions and impact of monetary policy in a developing economy context," International Economics and Economic Policy, Springer, vol. 17(2), pages 409-425, May.
    3. Caprio, Gerard & Honohan, Patrick, 1990. "Monetary policy instruments for developing countries," Policy Research Working Paper Series 528, The World Bank.
    4. Simon, Carl Nally Regi, 2017. "Les canaux de transmission de la politique monetaire en Haiti: une approche narrative (1996-2016) [Monetary transmission channels in Haiti: a narrative approach (1996-2016)]," MPRA Paper 78294, University Library of Munich, Germany.
    5. Edward Nelson, 2021. "The Emergence of Forward Guidance As a Monetary Policy Tool," Finance and Economics Discussion Series 2021-033, Board of Governors of the Federal Reserve System (U.S.).
    6. Athanasenas, Athanasios L., 2010. "Credit, income, and causality: A contemporary co-integration analysis," European Journal of Operational Research, Elsevier, vol. 201(1), pages 194-205, February.
    7. Emmanuel Carré & Laurent Le Maux, 2024. "Bernanke and Kindleberger on financial crises, 1978–2003," Oxford Economic Papers, Oxford University Press, vol. 76(2), pages 314-329.
    8. Thakor, Anjan V., 1996. "The design of financial systems: An overview," Journal of Banking & Finance, Elsevier, vol. 20(5), pages 917-948, June.
    9. Anjan V. Thakor, 2004. "Capital Requirements, Monetary Policy, and Aggregate Bank," Finance 0411027, University Library of Munich, Germany.
    10. O. de Bandt & C. Bruneau & W. El Amri, 2009. "Convergence in household credit demand across euro area countries: evidence from panel data," Applied Economics, Taylor & Francis Journals, vol. 41(27), pages 3447-3462.
    11. Naqvi, Bushra & Rizvi, S.K.A. & Uqaili, Hina Ahmed & Chaudhry, S.M., 2018. "What enables Islamic banks to contribute in global financial reintermediation?," Pacific-Basin Finance Journal, Elsevier, vol. 52(C), pages 5-25.

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