Market Power and Monetary Policy Transmission in

Market Power and Monetary Policy Transmission

Summary. We show that firms' market power dampens the response of their output to monetary policy shocks, using firm-level data for the United ...

Market power and monetary policy transmission - Wiley Online Library

Abstract. We show that firms' market power dampens the response of their output to monetary policy shocks, using firm-level data for the USA and ...

Market power and monetary policy transmission - IDEAS/RePEc

Abstract. We show that firms' market power dampens the response of their output to monetary policy shocks, using firm‐level data for the USA and a large cross‐ ...

Bank Market Power and Monetary Policy Transmission

We find that bank market power explains much of the transmission of monetary policy to borrowers, with an effect comparable to that of bank ...

Bank Market Power and Monetary Policy Transmission: Evidence ...

We find that bank market power explains much of the transmission of monetary policy to borrowers, with an effect comparable to that of bank ...

Bank Market Power and Monetary Policy Transmission

Bank Market Power and Monetary Policy. Transmission. ∗. Sophocles N. Brissimis,a,b Manthos D. Delis,c and. Maria Iosifidic. aBank of Greece. bUniversity of ...

Market Power, Financial Constraints, and Monetary Transmission

There is growing evidence that corporate market power is increasing and affecting monetary policy transmission. This paper develops a partial equilibrium model ...

Corporate Market Power and Monetary Policy Transmission in Asia

Rising market power impairs the effective transmission of monetary policy.

Corporate market power and monetary policy transmission in Asia

Highlights. •. High corporate market power in Asia weakens monetary policy effectiveness. •. Real sales of low market power firms in competitive markets respond ...

Market Power and Monetary Policy Transmission - IDEAS/RePEc

Abstract. We show that firms' market power dampens the response of their output to monetary policy shocks, using firm-level data for the United States and a ...

Bank Market Power and Monetary Policy Transmission

We quantify the impact of bank market power on the transmission of monetary policy through banks to borrowers. Using data from U.S. banks, we ...

Market Power and Monetary Policy Transmission in - IMF eLibrary

The results confirm that the response of firms' sales to monetary policy shocks varies markedly between high- and low-markup firms, implying ...

Bank Market Power and Monetary Policy Transmission

We find that bank market power explains much of the transmission of monetary policy to borrowers, with an effect comparable to that of bank capital regulation.

Market power and monetary policy transmission | Semantic Scholar

We show that firms' market power dampens the response of their output to monetary policy shocks, using firm‐level data for the USA and a large cross‐country ...

Market Power and Monetary Policy Transmission - Library Network

We show that firms' market power dampens the response of their output to monetary policy shocks, using firm-level data for the United States and a large ...

Monetary Policy Transmission in Segmented Markets*

Dealer market power causes the passthrough of the ECB's policy rate to be inefficient and unequal. Allowing market participants access to centralized trading.

Bank Market Power and Monetary Policy Transmission

In addition, the market power channel interacts with the bank capital channel, and this interaction can reverse the effect of monetary policy ...

Monetary Policy Transmission, Bank Market Power, and Wholesale ...

I find that high market power banks with greater wholesale funding transmit monetary policy less to deposit rates, generating lower liability. This leads to ...

Bank Market Power and Monetary Policy Transmission in Africa in ...

This study tests whether, in an expansionary monetary policy environment, banks with market power can reduce the impact of monetary policy transmission.

Market Power in Mortgage Lending and the Transmission of ...

An easing of monetary policy can reduce mortgage rates, enabling households to refinance their mortgages at lower rates and reduce their payments. If borrowers ...