A mechanism for thawing the credit markets

A mechanism for thawing the credit markets
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信贷市场解冻机制

DOI:
10.1007/s10058-009-0101-z
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发表时间:
2010
影响因子:
0.7
通讯作者:
E. Karni
E. Karni
中科院分区:
经济学4区
文献类型:
--
作者:
E. Karni

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本文描述了一种旨在诱导商业银行在不确定性增加和预期下降的经济环境中增加发放贷款意愿的机制。该机制是实施货币政策以应对经济衰退的新工具。
This paper describes a mechanism designed to induce commercial banks to increase their willingness to extend loans in an economic environment characterized by increased uncertainty and diminished expectations. This mechanism is a new tool for the conduct of monetary policy to combat recessions.