Out of policymaker’s sight: the role of banks’ liquidity preference in credit supply in Brazil
In modern, sophisticated banking systems, in addition to endogenously creating money, banks have the ability to innovate and stretch constraints on their portfolio to potentially raise profits. They fulfill demand for credit according to their liquidity preference and expectations of profits. On the...
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| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Association Recherche & Régulation
2020-06-01
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| Series: | Revue de la Régulation |
| Subjects: | |
| Online Access: | https://journals.openedition.org/regulation/16602 |
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