Blar i NTNU Handelshøyskolen på forfatter "Garcia-Posada, Miguel"
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Bank lending policies and monetary policy: Some lessons from the negative interest era
Arce, Oscar; Garcia-Posada, Miguel; Mayordomo, Sergio; Ongena, Steven Roger Godelieve (Peer reviewed; Journal article, 2023)What is the long-term impact of negative interest rates on bank lending? To answer this question, we construct a unique summary measure of negative rate exposure by individual banks based on exclusive survey data and banks’ ...