Regional aspect of monetary transmission: the role of banks and firms

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F71226401%3A_____%2F12%3A%231002988" target="_blank" >RIV/71226401:_____/12:#1002988 - isvavai.cz</a>

Výsledek na webu

<a href="http://disparity.vsb.cz/cz/elektronicky-casopis/" target="_blank" >http://disparity.vsb.cz/cz/elektronicky-casopis/</a>

DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

Regional aspect of monetary transmission: the role of banks and firms

Popis výsledku v původním jazyce

This paper deals with the role of banks and firms in the monetary transmission from the regional point of view. In the first part, structural factors of asymmetric monetary policy impacts are classified. These factors are the size of firms, type of ownership, industry capital intensity, type of production, degree of regional economy openness and the structure of portfolios. The second part concerns financial factors that play an important role in the monetary transmission through the supply side of thecredit channel. These are spatial availability of the alternative financial sources, banks monitoring costs and health, ownership and size of banks in the regions. In the third part, the alternative endogenous money theory is shortly introduced. This approach considers regional money supply to be endogenous and adaptive to the regional money demand. The crucial role is played by the liquidity preference both at the supply and demand side of the credit market and by the stage of banking d

Název v anglickém jazyce

Regional aspect of monetary transmission: the role of banks and firms

Popis výsledku anglicky

This paper deals with the role of banks and firms in the monetary transmission from the regional point of view. In the first part, structural factors of asymmetric monetary policy impacts are classified. These factors are the size of firms, type of ownership, industry capital intensity, type of production, degree of regional economy openness and the structure of portfolios. The second part concerns financial factors that play an important role in the monetary transmission through the supply side of thecredit channel. These are spatial availability of the alternative financial sources, banks monitoring costs and health, ownership and size of banks in the regions. In the third part, the alternative endogenous money theory is shortly introduced. This approach considers regional money supply to be endogenous and adaptive to the regional money demand. The crucial role is played by the liquidity preference both at the supply and demand side of the credit market and by the stage of banking d

Druh

J_ost - Ostatní články v recenzovaných periodicích

CEP obor

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OECD FORD obor

50206 - Finance

Projekt

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Návaznosti

V - Vyzkumna aktivita podporovana z jinych verejnych zdroju

Rok uplatnění

2012

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název periodika

Regionální disparity

ISSN

1802-9450

e-ISSN

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Svazek periodika

1

Číslo periodika v rámci svazku

11/2012

Stát vydavatele periodika

CZ - Česká republika

Počet stran výsledku

14

Strana od-do

63-76

Kód UT WoS článku

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EID výsledku v databázi Scopus

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