Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/37216 
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dc.contributor.authorKaufmann, Sylviaen
dc.contributor.authorScharler, Johannen
dc.date.accessioned2010-08-11T09:02:17Z-
dc.date.available2010-08-11T09:02:17Z-
dc.date.issued2010-
dc.identifier.urihttp://hdl.handle.net/10419/37216-
dc.description.abstractIf firms borrow working capital to finance production, then nominal interest rates have a direct influence on inflation dynamics, which appears to be the case empirically. However, interest rates may only partly mirror the cost of working capital. In this paper we explore the role of bank lending standards as a potential additional cost source and evaluate their empirical importance in explaining inflation dynamics in the US and in the euro area.en
dc.language.isoengen
dc.publisher|aVerein für Socialpolitik |cFrankfurt a. M.en
dc.relation.ispartofseries|aBeiträge zur Jahrestagung des Vereins für Socialpolitik 2010: Ökonomie der Familie - Session: Banking and Monetary Policy |xD12-V3en
dc.subject.jelE40en
dc.subject.jelE50en
dc.subject.jelE52en
dc.subject.ddc330en
dc.subject.keywordNew Keynesian Phillips Curveen
dc.subject.keywordCost Channelen
dc.subject.keywordBank Lending Standardsen
dc.subject.keywordBayesian Analysisen
dc.titleBank lending standards, the cost channel and inflation dynamics-
dc.typeConference Paperen
dc.identifier.ppn655546766en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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