Year: 1994
Type: article
Abstract: As analysts search for explanations for the protracted recovery from the last recession, a great deal of attention has been focused on the "credit view” of monetary policy, which argues that monetary policy affects the economy through the direct effect of policy actions on the supply of depository institutions’ credit.
DOI: 10.20955/r.76.31-49
Author: Daniel L. Thornton
Language: English
Domain: Social Sciences
Open Access status: gold
OpenAlex ID: W1533300192