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Does bank capital matter for monetary transmission? commentary

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  • Jeremy C. Stein

Abstract

Paper for a conference sponsored by the Federal Reserve Bank of New York entitled Financial Innovation and Monetary Transmission

Suggested Citation

  • Jeremy C. Stein, 2002. "Does bank capital matter for monetary transmission? commentary," Economic Policy Review, Federal Reserve Bank of New York, vol. 8(May), pages 267-270.
    • Handle: RePEc:fip:fednep:y:2002:i:may:p:267-270:n:v.8no.1
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    File URL: https://www.newyorkfed.org/medialibrary/media/research/epr/02v08n1/0205stan.pdf
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    References listed on IDEAS

    as
    1. James, Christopher, 1988. "The use of loan sales and standby letters of credit by commercial banks," Journal of Monetary Economics, Elsevier, vol. 22(3), pages 395-422.
    2. Stanton, Sonya Williams, 1998. "The Underinvestment Problem and Patterns in Bank Lending," Journal of Financial Intermediation, Elsevier, vol. 7(3), pages 293-326, July.
    3. Stulz, ReneM. & Johnson, Herb, 1985. "An analysis of secured debt," Journal of Financial Economics, Elsevier, vol. 14(4), pages 501-521, December.
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    Cited by:

    1. Martin Berka & Christian Zimmermann, 2018. "The Basel Accord and Financial Intermediation: The Impact of Policy," Review, Federal Reserve Bank of St. Louis, vol. 100(2), pages 171-200.
    2. Jeong, Sangjun & Jung, Hueechae, 2011. "Banks' wholesale funding and credit procyclicality: evidence from Korea," MPRA Paper 35568, University Library of Munich, Germany.
    3. Gambacorta, Leonardo, 2008. "How do banks set interest rates?," European Economic Review, Elsevier, vol. 52(5), pages 792-819, July.
    4. Piyadasa Edirisuriya & Abeyratna Gunasekarage & Michael Dempsey, 2015. "Australian Specific Bank Features and the Impact of Income Diversification on Bank Performance and Risk," Australian Economic Papers, Wiley Blackwell, vol. 54(2), pages 63-87, June.
    5. Robert Bichsel & Josef Perrez, 2005. "In Quest of the Bank Lending Channel: Evidence for Switzerland using Individual Bank Data," Swiss Journal of Economics and Statistics (SJES), Swiss Society of Economics and Statistics (SSES), vol. 141(II), pages 165-190, June.
    6. Sung-Eun Yu, 2017. "The Role of Nonbank Financial Institutions in the Monetary Transmission Mechanism: Theory and Evidence," Working Paper Series, Department of Economics, University of Utah 2017_04, University of Utah, Department of Economics.

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    Keywords

    Bank capital; Monetary policy;

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