Search Results

SORT BY: PREVIOUS / NEXT
Author:Morris, Charles S. 

Journal Article
Bank lending and monetary policy: evidence on a credit channel

While there is widespread agreement that banks play a key part in the transmission of monetary policy actions to the economy, debate continues on whether bank lending plays a special part in the monetary transmission mechanism. If a special lending or credit channel exists, changes in the willingness and ability of banks to extend credit may have implications for the economy. Moreover, ongoing changes in the role of banks in financial markets may affect the credit channel and so alter the monetary transmission mechanism.> Recent research on a bank credit channel has focused on two questions. ...
Economic Review , Volume 80 , Issue Q II , Pages 59-75

Journal Article
Market value accounting for banks: pros and cons

Economic Review , Volume 76 , Issue Mar , Pages 5-19

Journal Article
Managing stock market risk with stock index futures

Economic Review , Volume 74 , Issue Jun , Pages 3-16

Working Paper
Loan losses and bank risk-taking: is there a connection?

Research Working Paper , Paper 88-04

Journal Article
Loan sales: another step in the evolution of the short-term credit market

Economic Review , Volume 72 , Issue Nov , Pages 22-31

Working Paper
Does money matter anymore? A comment on Friedman and Kuttner

Research Working Paper , Paper 92-07

Working Paper
Money is what money predicts: the M* model of the price level

Over the past twenty years, the monetary aggregates used by the Federal Reserve as indicators of economic activity and inflation have changed several times. Each of the changes in the measures of money was sparked by a breakdown in the fit of empirical money demand functions. The Federal Reserve's strategy following these breakdowns has been to redefine money by simply adding new assets to the old definitions. The criterion in each case was whether adding the new assets produced an empirically stable money demand function. Unfortunately, while a stable demand for money is a worthwhile ...
Research Working Paper , Paper 95-05

Journal Article
Coordinating circuit breakers in stock and futures markets

Economic Review , Volume 75 , Issue Mar , Pages 35-48

Journal Article
The long-run costs of moderate inflation

Long-run price stability is generally considered to be a primary goal of monetary policymakers in many countries. One reason policymakers care about inflation is that it can harm economic performance. Numerous studies of the impact of inflation on economic performance have focused on whether increases in inflation reduce economic growth in the long run These studies have found that prolonged high inflation does in fact reduce economic growth, but they were not able to detect a significant long-run relationship between real growth and low or moderate inflation. Because anti-inflationary ...
Economic Review , Volume 81 , Issue Q II , Pages 71-88

Journal Article
Why do banks' loan losses differ?

Economic Review , Volume 72 , Issue May , Pages 3-21

FILTER BY year

FILTER BY Content Type

FILTER BY Jel Classification

G21 1 items

Q14 1 items

FILTER BY Keywords

PREVIOUS / NEXT