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Browsing Recerca: working papers, preprints, informes, etc. by Author "Turner, Bryce C."

Browsing Recerca: working papers, preprints, informes, etc. by Author "Turner, Bryce C."

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  • Elliott, David, 1947-; Meisenzahl, Ralf R.; Peydró, José-Luis; Turner, Bryce C. (2022)
    We show that nonbanks (funds, shadow banks, fintech) affect the transmission of monetary policy to output, prices and the distribution of risk via credit supply. For identification, we exploit exhaustive US loan-level data ...
  • Elliott, David, 1947-; Meisenzahl, Ralf R.; Peydró, José-Luis; Turner, Bryce C. (2019-11-29)
    We show that credit supply effects and associated real effects of monetary policy depend on the size of nonbank presence in the respective lending market. Nonbank presence also alters how monetary policy affects the ...

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