The transmission of unconventional monetary policy to bank credit supply : evidence from the TLTRO
We assess the transmission of the Targeted Longer-Term Refinancing Operations (TLTRO) to the bank credit supply for the Euro area (2014:05-2018:01) and for Portugal (2011:01-2018:01), using a panel data setup. For the Euro area, we find a positive relationship between the TLTRO and the amount of cre...
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| Format: | workingPaper |
| Language: | eng |
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2019
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| Online Access: | http://hdl.handle.net/10400.5/17192 |
| Country: | Portugal |
| Oai: | oai:www.repository.utl.pt:10400.5/17192 |