The risk-taking channel of monetary policy
The literature on the risk-taking channel of monetary policy grew quickly, leading to scattered evidence. We examine this channel through different angles, exploring detailed information on loan origination and performance. Ex ante riskier borrowers receive more funding at the extensive margin when...
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| Formato: | article |
| Idioma: | eng |
| Publicado em: |
2022
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| Texto completo: | https://doi.org/10.1111/jmcb.12500 |
| País: | Portugal |
| Oai: | oai:run.unl.pt:10362/53889 |