scholarly journals TRANSFER MONEY POLICY THROUGH CREDIT CHANNELS IN VIETNAM

2019 ◽  
Vol 9 (6) ◽  
pp. 33-39
Author(s):  
Pham Thi Ha An ◽  
Nguyen Thi Quynh Dung
Keyword(s):  
Credit Channels

scholarly journals The Interest Rate and Credit Channels in Belgium: An Investigation with Micro-Level Firm Data

2001 ◽  
Author(s):  
Paul Butzen ◽  
Catherine Fuss ◽  
Philip Vermeulen ◽  
Andreas Worms
Keyword(s):  
Interest Rate ◽  
Micro Level ◽  
Firm Data ◽  
The Interest Rate ◽  
Credit Channels

scholarly journals The Effect Of Credit To The Inflation Rate Through Gross Domestic Product In Indonesia

2018 ◽  
Vol 5 (2) ◽  
pp. 78
Author(s):  
Anas Iswanto Anwar ◽  
Ali Akbar
Keyword(s):  
Gross Domestic Product ◽  
Inflation Rate ◽  
Secondary Data ◽  
Least Square ◽  
Bank Credit ◽  
Domestic Product ◽  
Working Capital ◽  
Ordinary Least Square ◽  
Credit Channels ◽  
Transmission Of Monetary Policy

Credit markets are not always balanced because of unbalanced information and other causes. There are two credit channels that influence the transmission of monetary policy from finance to the real sector, namely bank credit channels that are more concerned with the behavior of banks that are more selective in credit selection because of asymmetric information.This study aims to determine the effect of credit that consists of investment credit, working capital credit and consumption credit to the inflation rate through Gross Domestic Product (GDP) in Indonesia. The overall data used in this study is secondary data from the result of systematic recording in the form of time series from 2007 to 2016 obtained from the Central Bureau of Statistics, Bank Indonesia Report and Indonesian Banking Statistics. Data were analyzed by using multiple regression with Ordinary Least Square (OLS) approach. Based on the results of the research, simultaneous credit has a positive and significant effect on inflation through GDP and partially found that investment credit and working capital credit have positive and significant effect to inflation through GDP, while consumption credit has positive and insignificant effect.

Distinguishing Administrative Aspects of the Farm Credit Administration

1936 ◽  
Vol 30 (6) ◽  
pp. 1117-1133
Author(s):  
Herbert Emmerich
Keyword(s):  
Interest Rates ◽  
Farm Income ◽  
Biological Cycle ◽  
Credit Policy ◽  
Future Needs ◽  
General Rules ◽  
Farm Credit ◽  
Credit Channels ◽  
The Cost ◽  
Loan System

The federal farm loan system is a government established, aided, and supervised organization, designed to render an economic service in the field of agricultural lending. Its main purpose is to create and keep open a continuous channel between the farmer and sources of surplus funds in large centers. It was founded nineteen years ago, and has been developed and amplified in order to pool the credit needs of individual farmers with good credit and good farms, and provide for them more nearly the same terms and rates extended to large industrial borrowers. These general rules may be said to govern the operations of its credit policy: (1) without attempting to make all agricultural loans, Farm Credit Administration endeavors to supplement the activities of other agencies, and to set a standard of costs of credit and the terms upon which such credit is extended to agriculture; (2) interest rates charged to farmers should bear a relation to the cost of money to the Farm Credit Administration in the investment market at the time the loan is made; (3) loans should be made with reference to the needs of agriculture and the biological cycle of production; and (4) loans should be made which are within the capacity of the farmer to pay, so that he may repay them out of farm income, minimize his indebtedness, and keep credit channels open for future needs.

scholarly journals Bank competition and the credit channel of monetary policy: Evidence from an emerging country

2021 ◽  
Vol 8 (2) ◽  
pp. 85-91
Author(s):  
An et al. ◽  
Keyword(s):  
Monetary Policy ◽  
Commercial Banks ◽  
Large Scale ◽  
Estimation Method ◽  
Credit Channel ◽  
Monetary Policy Transmission ◽  
Policy Transmission ◽  
Emerging Country ◽  
Credit Channels ◽  
Different Levels

Our study provides one of the first examinations in an emerging country on the credit channel of monetary policy transmission under the influence of competition. The study was conducted using a panel data of 30 joint-stock commercial banks in Vietnam in the period of 2008-2017. By applying the DGMM estimation method, we found that the existence of the influence of competition on monetary policy transmission through credit channels. The higher bank competitiveness will make monetary policy transmission via credit channels of commercial banks less effective. Large-scale commercial banks, because of a merger or equity increase, will increase their competitiveness because of increased market share, which will weaken the monetary policy transmission through credit channels. The estimation results from the two methods of competitiveness measurement-the Lerner index and the Boone index–are in a united direction but at different levels.

EVALUATION OF MONETARY POLICY IN EMU THROUGH CREDIT CHANNELS INTERCONNECTEDNESS: EVIDENCE USING BLS DATA

2021 ◽  
pp. 1-27
Author(s):  
MICHAIL E. PETSALAKIS ◽  
AHMED M. KHALID ◽  
GAMINI PREMARATNE
Keyword(s):  
Monetary Policy ◽  
Global Financial Crisis ◽  
Debt Crisis ◽  
Balance Sheet ◽  
Principal Component ◽  
Bank Lending ◽  
European Countries ◽  
Policy Transmission ◽  
Credit Channels ◽  
The Impact

Credit channel(s) of the monetary policy transmission has not been debated much in the literature especially in the context of the European monetary union (EMU) and the apparent rising fragmentation of the previously much integrated European banking system. This discussion is even more important in the aftermath of the global financial crisis (GFC) and the decade-long European debt crisis (EDC), a number of European countries have been experiencing. This paper attempts to investigate the interconnectedness of credit channels in policy transmission in the context of EMU using bank lending survey (BLS) data for a sample of eight European countries. One of the main contributions of this paper is to use BLS data for the entire 11 credit channels. We use principal component analysis (PCA) to investigate the impact of monetary policy on the interconnectedness structure of credit channels. PCA is conducted both for EMU across channels and sample countries. EFA-orthogonal vector rotation indicates a core versus periphery interconnectedness pattern. The results suggest that the household balance sheet channel, borrower cash flow channel and interest rate channel are the most divergent channels in EMU.

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