IDEAS home Printed from https://ideas.repec.org/p/ctl/louvir/1994010.html
   My bibliography  Save this paper

Credit Market Imperfections, Financial Structure and Economic Activity : An Overview of Empirical Findings

Author

Listed:
  • Barran, Fernando

    (UNIVERSITE CATHOLIQUE DE LOUVAIN, Institut de Recherches Economiques et Sociales (IRES); Central Bank of Uruguay)

Abstract

In the last decade, a renewed debate on the monetary transmission mechanism has emerged. Recent empirical works analyse the response of financial and real variables to shifts in monetary policy and interpret its implication for the nature of the monetary transmission mechanism. Both, money and credit appear as vehicles for transmitting monetary impulses rather than separate sources of such fluctuations. However, these channels of monetary transmission (may) differ by sector. Credit market imperfections can explain this different behavior across sectors. A better understanding of the financial propagation mechanism can be provided by firm level data.

Suggested Citation

  • Barran, Fernando, 1994. "Credit Market Imperfections, Financial Structure and Economic Activity : An Overview of Empirical Findings," LIDAM Discussion Papers IRES 1994010, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
  • Handle: RePEc:ctl:louvir:1994010
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. François-Serge Lhabitant & Olivier Tinguely, 2002. "Financial Constraints and Investment: the Swiss Case," Swiss Journal of Economics and Statistics (SJES), Swiss Society of Economics and Statistics (SSES), vol. 138(II), pages 137-163, June.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ctl:louvir:1994010. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Virginie LEBLANC (email available below). General contact details of provider: https://edirc.repec.org/data/iruclbe.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.