Amina Enkhbold - Latest - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-29T11:54:59+00:00Monetary Policy Transmission Through Shadow and Traditional Banks
https://www.bankofcanada.ca/2024/03/staff-working-paper-2024-8/
I investigate how monetary policy transmits to mortgage rates via the mortgage market concentration channel for both traditional and shadow banks in the United States from 2009 to 2019. On average, shadow and traditional banks exhibit only a slight disparity in transmitting monetary shocks to mortgage rates.2024-03-21T14:53:44+00:00enMonetary Policy Transmission Through Shadow and Traditional Banks2024-03-21Financial institutionsInterest ratesMonetary policy transmissionStaff Working Paper 2024-8https://www.bankofcanada.ca/wp-content/uploads/2024/03/swp2024-8.pdfStaff Working Paper 2024-8Amina EnkhboldMarch 2024EE4E44E5E52GG2G21Monetary Policy Transmission, Bank Market Power, and Wholesale Funding Reliance
https://www.bankofcanada.ca/2023/06/staff-working-paper-2023-35/
I study how banking market concentration and reliance on wholesale funding affect monetary policy transmission to mortgage rates. I find that this transmission is imperfect and dampens the response of consumption, output, and housing prices.2023-06-12T11:44:39+00:00enMonetary Policy Transmission, Bank Market Power, and Wholesale Funding Reliance2023-06-12Financial institutionsInflation targetsMonetary policy transmissionWholesale fundingStaff Working Paper 2023-35https://www.bankofcanada.ca/wp-content/uploads/2023/06/swp2023-35.pdfMonetary Policy Transmission, Bank Market Power, and Wholesale Funding RelianceAmina EnkhboldJune 2023EE4E44E5E52GG2G21