Bank Lending Channel Effectiveness and Loan Sales in the US
Michael R. Jonas & Sharmila K. King · Journal of Economics, Management and Trade · 2013
This paper examines whether banks that sell loans in the secondary market respond differently to a monetary policy innovation from those that do not engage in loan sales. We answer this question by measuring the policy response while controlling for loan sales activities. Using a...
Open access
Research Article
10.9734/BJEMT/2014/6255