FRB,IFDP Paper: How Does Fiscal Policy affect the Transmission of Monetary Policy into Cross-border Bank Lending? Cross-country Evidence
How Fiscal Policy Affects the Transmission of Monetary Policy into Cross-border Bank Lending: Cross-country Evidence Introduction Fiscal policy, which involves government spending and taxation, can play a significant role in influencing the transmission of monetary policy into cross-border bank lending. This paper examines the relationship between fiscal policy and cross-border bank lending in a sample … Read more