Does Monetary Policy Affect Bank Lending? Evidence for Bolivia
Óscar Alberto Díaz-Quevedo () and
C. Tatiana Rocabado-Palomeque ()
Additional contact information
Óscar Alberto Díaz-Quevedo: Banco Central de Bolivia
C. Tatiana Rocabado-Palomeque: Banco Central de Bolivia
Authors registered in the RePEc Author Service: Oscar Alberto Díaz Quevedo ()
Chapter 2 in Monetary Policy and Financial Stability in Latin America and the Caribbean, 2018, pp 9-40 from Centro de Estudios Monetarios Latinoamericanos, CEMLA
This paper explores the existence of a bank lending channel for Bolivia. The estimates used panel data through GMM and fixed effects model. The results show that changes in monetary policy have direct effects on the banks’ loans supply, because increases in the securities’ supply lead to reductions in loan growth. Moreover, interactions size and capital of entities with variable monetary policy would reflect the existence of different bank’s reactions
Keywords: monetary policy; lending channel; GMM. (search for similar items in EconPapers)
JEL-codes: E5 G21 (search for similar items in EconPapers)
ISBN: 978-607-7734-89-5 (printed)
Note: Joint Research Program XIX Meeting of the Central Bank Researchers Network
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:cml:incocp:5en-2
Ordering information: This item can be ordered from
Access Statistics for this chapter
More chapters in Investigación Conjunta-Joint Research from Centro de Estudios Monetarios Latinoamericanos, CEMLA Contact information at EDIRC.
Bibliographic data for series maintained by Ana Laura Sibaja-Jiménez ().