Economic Memo No. 8-2021.pdf
| Authors | Cucic, Dominic; Gorea, Denis |
| Subject | Monetary policy; Lending rate; Financial sector |
| Type | Economic Memo |
| Year | 2021 |
| Published | 29 November 2021 |
We analyse the role of nonbank lenders in corporate and consumer credit markets in Denmark and show that they affect the transmission of monetary policy to financial and real outcomes. Nonbanks increase their share of credit supply after an interest rate hike in both the consumer and corporate credit markets.
Page Content
Attachments
- Original Link
- Original Document
- Permalink
Disclaimer
Danmarks Nationalbank published this content on 29 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 November 2021 07:49:04 UTC.
