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Mirzaei, A., Pasiouras, F., & Samet, A. (2021). State Ownership, Macroprudential Policies and Bank Lending. Journal of International Money and Finance, 117, Article ID: 102456.
https://doi.org/10.1016/j.jimonfin.2021.102456

has been cited by the following article:

• TITLE: Political Intervention and Monetary Transmission: A Theoretical Note

  AUTHORS: Saibal Ghosh

  KEYWORDS: Politics, Bank Lending, Monetary Policy, Jawboning

  JOURNAL NAME: Theoretical Economics Letters, Vol.12 No.2, April 11, 2022

  ABSTRACT: Within a theoretical framework, the paper analyzes the impact of government intervention in the credit market on bank lending. The results indicate that in the short-run, a monetary expansion lowers lending that is not susceptible to political intervention by a magnitude that is higher than loans that are impacted by political influence. In the long run, a monetary expansion is observed to uniformly raise bank lending, consistent with the jawboning hypothesis.