Is There A Bank Lending Channel of Monetary Policy in Selected MENA Countries? A Comparative Analysis
Adel Boughrara and
Samir Ghazouani (samir.ghazouani@fsegt.rnu.tn)
No 471, Working Papers from Economic Research Forum
Abstract:
This paper investigates whether there are differential effects of monetary policy across bank size, liquidity and capitalization in some selected MENA countries namely Egypt, Jordan, Morocco and Tunisia, to test for the presence of the bank lending channel. It uses a panel of bank balance sheet data to estimate the response of bank lending to changes in monetary policy. The role of bank capital, size and liquidity in the transmission of monetary policy is studied. Using a large set of micro data, we test the assumptions that the effect of a change in the monetary policy stance on a bank's lending activity depends on its capital, the bank capital channel, and on its liquidity base.
Pages: 30 pages
Date: 2009-03, Revised 2009-03
References: Add references at CitEc
Citations: View citations in EconPapers (4)
Published by The Economic Research Forum (ERF)
Downloads: (external link)
http://erf.org.eg/wp-content/uploads/2014/08/471.pdf (application/pdf)
Our link check indicates that this URL is bad, the error code is: 404 Not Found (http://erf.org.eg/wp-content/uploads/2014/08/471.pdf [301 Moved Permanently]--> https://erf.org.eg/wp-content/uploads/2014/08/471.pdf)
http://bit.ly/2mQOCKo (text/html)
Related works:
Journal Article: IS THERE A BANK LENDING CHANNEL OF MONETARY POLICY IN SELECTED MENA COUNTRIES? A COMPARATIVE ANALYSIS (2010)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:erg:wpaper:471
Access Statistics for this paper
More papers in Working Papers from Economic Research Forum Contact information at EDIRC.
Bibliographic data for series maintained by Namees Nabeel (nnabil@erf.org.eg).