Contents

Entire Proceedings (13.0MB)

Is Bank Lending Important for the Transmission of Monetary Policy? An Overview 
Joe Peek and Eric S. Rosengren

Is Bank Lending Special?
  Charles P. Himmelberg and Donald P. Morgan; with discussion by Robert R. Glauber and Raghuram G. Rajan

Bank Lending and the Transmission of Monetary Policy 
Joe Peek and Eric S. Rosengren; with discussion by R. Glenn Hubbard and Christopher James

Bank Credit and Economic Activity
  Carl E. Walsh and ]ames A. Wilcox; with discussion by Stephen G. Cecchetti and Allan H. Meltzer

The Importance of Credit for Macroeconomic Activity: Identification through Heterogeneity 
Simon G. Gilchrist and Egon Zakrajsek; with discussion by William C. Brainard and Stephen D. Oliner

Financial Constraints and Investment: A Critical Review of Methodological Issues and International Evidence 
Fabio Schiantarelli; with discussion by Steven M. Fazzari and Donald D. Hester