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Bank diversification and monetary policy

Hiroshi Gunji and Yuan Yuan

Applied Economics Letters, 2018, vol. 25, issue 15, 1087-1090

Abstract: Using bank-level data in Asia, we examine the relationship between the effectiveness of monetary policy and the business diversification of banks. We find that bank diversification enhances the effect of monetary policy.

Date: 2018
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Handle: RePEc:taf:apeclt:v:25:y:2018:i:15:p:1087-1090