Academic literature on the topic 'Efficiency of lending policy'

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Journal articles on the topic "Efficiency of lending policy"

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Kruhliakova, Vira V., and Sofiia V. Prokopchuk. "Assessment of the Efficiency of the Bank’s Lending Policy." PROBLEMS OF ECONOMY 4, no. 62 (2024): 245–52. https://doi.org/10.32983/2222-0712-2024-4-245-252.

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The lending policy of a commercial bank is a key element of its strategic management, which determines the principles of granting loans, risk assessment and setting interest rates. In a dynamic financial environment, banks are forced to adapt their strategies to ensure stability and competitiveness, taking into account economic conditions, regulatory requirements and technological innovations. This requires constant monitoring of market changes and the introduction of innovative approaches to minimize risks and increase the efficiency of lending activities. The article is aimed at assessing th
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Zhabina, Svetlana. "Econometric Analysis of Bank Lending Channel Efficiency in Russia." Moscow University Economics Bulletin 2017, no. 3 (2017): 61–79. http://dx.doi.org/10.38050/01300105201734.

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The paper investigates the relationship between monetary policy indicator and bank lending in Russia using dynamic panel regressions and quarterly banks’ balance sheets data for the period of 2010- 2016. The main purpose of the paper is to identify bank characteristics, which determine the reaction of bank lending to monetary policy shocks. The results support the existence of a bank lending channel of monetary transmission. The extent to which banks change lending in response to monetary policy changes depends on banks’ liquidity, size and refinancing from the central bank.
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Алентьева, Н. В., and М. К. Чистякова. "Improving the efficiency of lending to individuals of a bank with state participation." Экономика и предпринимательство, no. 9(134) (December 17, 2021): 911–16. http://dx.doi.org/10.34925/eip.2021.134.9.173.

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В статье рассматривается рассматриваются проблемы кредитования физических лиц коммерческими банками. Особое внимание уделяется кредитной политике -как стратегии банка по привлечению ресурсов на возвратной основе и их инвестированию в части кредитования клиентов банка. В настоящее время кредитная политика направлена на увеличение объемов активов и повышения их качества, за счет различных факторов оптимизации. Суть стратегии заключается в использовании различных способов и методов для решения задач кредитной политики. Предложены способы повышения эффективности кредитования физических лиц в комме
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Świtała, Filip, Iwona Kowalska, and Karolina Malajkat. "Size of Banks as a Factor Which Impacts the Efficiency of the Bank Lending Channel." e-Finanse 16, no. 1 (2020): 36–44. http://dx.doi.org/10.2478/fiqf-2020-0005.

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AbstractIn most economies the banking sector plays the major role in the financial system. Therefore, it is of great importance to analyse and understand the mechanism of transmission of monetary policy and its impact on the banking sector. One of the possible repercussions of changing the level of official interest rates is the ability to influence the size of bank lending, by means of the bank lending channel. The key aspect our research is a thorough understanding of the functioning of the bank lending channel, with the main goal of this study being an examination of the efficiency of monet
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Khan, Muhammad Azam, Zulfiqar Khan, and Sardar Fawad Saleem. "Monetary policy effectiveness in Asian developing economies: the moderating role of financial sector development." Journal of Financial Economic Policy 15, no. 3 (2023): 226–47. http://dx.doi.org/10.1108/jfep-01-2023-0021.

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Purpose This study aims to explore the impact of monetary policy on bank lending rate with the moderating effects of financial sector development for eight Asian developing economics. Design/methodology/approach This study uses panel autoregressive distributed lag/pooled mean group estimation over the period ranging from 1980 to 2020. Findings The empirical results exhibit an inverse link between monetary policy measured by broad money supply on the bank lending rate, indicating that the increase in the money supply by the central bank lowers the demand for loans and thereby lowers the cost of
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Miroshnichenko, Dmitry. "The impact of the Bank of Russia’s macroprudential policy on the risk exposure of banks’ consumer loan portfolios." Russian Journal of Money and Finance 80, no. 3 (2021): 73–93. http://dx.doi.org/10.31477/rjmf.202103.73.

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In this paper, the author examines the efficiency of risk weight add-ons introduced by the Bank of Russia depending on borrowers’ debt burden in terms of discouraging high-risk unsecured rouble consumer lending and the effect of these add-ons on banks’ capital adequacy. The analysis is based on open bank reporting data for the period from October 2019 through August 2020. We show that in this time frame, most banks increased their capital. At the same time, the results obtained do not enable us to confirm the hypothesis that this measure has a pronounced effect on the reduction of the risk pro
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Cantero-Saiz, María, Begoña Torre-Olmo, and Sergio Sanfilippo-Azofra. "SUSTAINABLE BANKING, FINANCIAL STRENGTH AND THE BANK LENDING CHANNEL OF MONETARY POLICY." E+M Ekonomie a Management 26, no. 1 (2023): 165–85. http://dx.doi.org/10.15240/tul/001/2023-1-010.

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The aim of this article is to analyse how sustainable banking affects the transmission of monetary policy through the bank lending channel. We also quantify how these effects are determined by the financial strength of each bank. These objectives, which have not been studied previously, represent an important contribution because real sustainable concerns in banking did not emerged until recently, mainly with the adoption of the Sustainable Development Goals that should be reached by 2030. Since then, some studies have focused on the effects of sustainability on aspects such as bank profitabil
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Strickland, Catherine, and Russell Sturm. "Energy efficiency in World Bank power sector policy and lending New opportunities." Energy Policy 26, no. 11 (1998): 873–83. http://dx.doi.org/10.1016/s0301-4215(98)00007-x.

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Shokr, Mohamed Aseel, and Anwar Al-Gasaymeh. "Bank lending channel and banking sector efficiency: panel data of Egypt." International Journal of Emerging Markets 13, no. 5 (2018): 1291–310. http://dx.doi.org/10.1108/ijoem-08-2017-0289.

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Purpose The purpose of this paper is to examine the relevance of the bank lending channel (BLC) of monetary policy and the bank efficiency in Egypt. Design/methodology/approach This paper examines the effectiveness of bank lending channel using generalized method of moments GMM model during the period from 1996 to 2014. Also, it uses stochastic frontier approach (SFA) to examine the bank efficiency in Egypt. Findings This study supports the relevance of the BLC using panel data. Moreover, applying SFA, this paper computes cost efficiency taking account of both time and country effects directly
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Robertson, Mari L. "Securitization and financial markets: the implications for interest rate pass-through." Journal of Financial Economic Policy 8, no. 4 (2016): 472–98. http://dx.doi.org/10.1108/jfep-02-2016-0010.

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Purpose The transmission of monetary policy rates to lending rates is viewed as a crucial path of monetary policy. As an integral part of the financial system and the recent financial crisis, securitized assets have the potential to affect the interest rate pass-through process and monetary policy effectiveness. This paper aims to investigate the influence of securitization on the transmission of policy rate changes to lending rates and how rate transmission has changed since the recent financial crisis. Emphasis is placed on differences among the mortgage, consumer credit and business loan se
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Dissertations / Theses on the topic "Efficiency of lending policy"

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Коваленко, Г. Ю. "Кредитна політика банку". Master's thesis, Сумський державний університет, 2018. http://essuir.sumdu.edu.ua/handle/123456789/71934.

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У роботі визначено теоретичні основи та науково-методичні рекомендації щодо удосконалення формування кредитної політики банків України. За результатами дослідження сформовано рекомендації щодо удосконалення механізму формування кредитної політики банку, зокрема, шляхом розробки та впровадження гнучкої системи визначення умов кредитування на основі прогнозування кредитоспроможності позичальника.<br>В работе определены теоретические основы и сформированы научно-методические рекомендации по совершенствованию формирования кредитной политики банков Украины. Автором разработаны рекомендации по совер
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Zia, Mujtaba. "Bank Capital, Efficient Market Hypothesis, and Bank Borrowing During the Financial Crisis of 2007 and 2008." Thesis, University of North Texas, 2014. https://digital.library.unt.edu/ark:/67531/metadc699938/.

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During the Great Recession of 2007 and 2008, liquidity and credit dried up, threatening the stability of financial institutions, particularly the banking firms. Traditional source of funds from the last resort, the Discount Window of the Federal Reserve System, failed to remedy the liquidity problem. To assuage the liquidity and credit problem, the Federal Reserve System established several emergency lending facilities and provided unprecedented amount of loans to the banking industry. Using a dataset published by Bloomberg LLP in the aftermaths of the financial crisis, which contains daily lo
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Buddhavibul, Pati. "Bank lending in contemporary Thailand." Thesis, University of Aberdeen, 2010. http://digitool.abdn.ac.uk:80/webclient/DeliveryManager?pid=128215.

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The nature of the Thai banking system in the pre-crisis era has been of great interest in the aftermath of Thailand’s 1997 financial crisis. Scores of studies have put great emphasis on the factors contributing to the crisis. There has been scant prior research on how Thai banks operate in practice since the crisis and the researcher was interested in better understanding this, particularly how the banks deal with information-related problems. The main objective of the research is to give an insight into the actions that Thai bankers carry out and how their activities are perceived by corporat
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inh, Quang Vinh Quang. "Efficiency, investment and bank lending in transition and emerging economies." Thesis, Brunel University, 2010. http://bura.brunel.ac.uk/handle/2438/4523.

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This thesis studies the economic development in transition and emerging economies with focus on three particular economic issues: production efficiency, physical investment rate and bank lending under bank ownership perspective. The thesis chooses to study transition and emerging economies because they have undergone many important reform processes that may be thought of as experiments of different policy choices which lead to different economic outcomes. The thesis contributes to the literature in several ways. First, it adds to the literature on institutional economics and transition economi
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Anwar, Mokhamad. "Bank efficiency and lending propensity : evidence from commercial banks in Indonesia." Thesis, University of Leicester, 2015. http://hdl.handle.net/2381/31807.

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Indonesia is one of the emerging economies, which has been adopting a bank-based system in the economy. It is very important to investigate the Indonesian commercial banks’ performance given their substantial contribution to the development of the country. This thesis aims to measure and analyse the performance of Indonesian banks in terms of their efficiency and lending propensity over the period 2002-2010. The period testifies the recovery phase after the turmoil caused by the Asian Financial Crisis of 1997-98 as well as the revocation of the regulation of minimum threshold on commercial ban
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Stoianovici, Petru Stelian. "Restrictions on credit a public policy analysis of payday lending /." Connect to this title online, 2008. http://etd.lib.clemson.edu/documents/1219953861/.

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Willam, Daniel. "Zombie Banks and Forbearance Lending: Causes, Effects, and Policy Measures." Doctoral thesis, Universitätsbibliothek Leipzig, 2015. http://nbn-resolving.de/urn:nbn:de:bsz:15-qucosa-159553.

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Zombie banks are banks that are practically insolvent but continue to exist through hiding bad loans on their balance sheet. This can be achieved by rolling over bad loans instead of writing them off, a process known as forbearance lending, zombie lending or evergreening. Zombie banks have received increased attention of late, not least because of the sovereign debt and banking crisis in Europe. This follows other banking crises in the US and Japan which have equally seen an increased number of bank failures, and where insolvent companies have been kept alive by banks. This study aims
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Brener, Alan. "Mortgage lending and macroprudential policy in the UK and US." Thesis, Queen Mary, University of London, 2018. http://qmro.qmul.ac.uk/xmlui/handle/123456789/46027.

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For many decades both UK and US politicians have encouraged homeownership supported by mortgage lending. Exuberant borrowing has fuelled housing booms and is central to many recent financial problems. As a consequence macroprudential policies have been developed to improve financial stability using a mixture of measures to deter excessive lending including loan-to-value and debt-to-income restrictions. This thesis considers macroprudential policymaking generally and, more specifically, this latter group of macroprudential measures. It concludes that it is unlikely that these measures can be us
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Paris, Bethany L. "INSTITUTIONAL LENDING MODELS, MISSION DRIFT, AND MICROFINANCE INSTITUTIONS." UKnowledge, 2013. http://uknowledge.uky.edu/msppa_etds/9.

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Microfinance is a development tool used to reduce poverty among extremely poor households. Impoverished households can access lines of credit through microfinance institutions (MFIs), in order to create a new business, smooth household consumption, fund medical emergencies, etc. Many authors postulate that MFIs are drifting from a welfarist to an institutionalist approach to lending. Using MIXMarket data on specific MFIs in 118 countries between 1995 and 2011, the average loan balance of these organizations will be regressed against measure of outreach and sustainability of these institutions
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Nguyen, Son. "An analysis of SMEs funding, bank efficiency and barriers to lending : three essays." Thesis, University of Southampton, 2015. https://eprints.soton.ac.uk/378767/.

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This thesis focuses on bank lending to SMEs with consideration of both the demand side and supply side. To this end, three distinctive lines of research are pursued in this thesis. We start with analyzing results from a regional survey of 20 banks and 180 SMEs conducted in 2012 in North Vietnam for new insights into the determinants of successful access to bank loans by SMEs. Secondly, we examine factors of the business environment that affect SME growth using original datasets obtained from surveys conducted in both Vietnam and the UK in 2012. Finally, we extend our research to the supply sid
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Books on the topic "Efficiency of lending policy"

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Fund, African Development. ADF-IV lending policy. African Development Fund, 1985.

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Kelley, John P. Credit union lending policy manual. AlexInformation, 2001.

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Kashyap, A. K. Monetary policy and bank lending. National Bureau of Economic Research, 1993.

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Kashyap, Anil. Monetary policy and bank lending. National Bureau of Economic Research, 1993.

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Ng, Yew-Kwang. Efficiency, Equality and Public Policy. Palgrave Macmillan UK, 2000. http://dx.doi.org/10.1057/9780333992777.

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Pethig, Rüdiger, and Ulrich Schlieper, eds. Efficiency, Institutions, and Economic Policy. Springer Berlin Heidelberg, 1987. http://dx.doi.org/10.1007/978-3-642-73064-1.

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Buiter, Willem H. Fiscal policy interdependence and efficiency. National Bureau of Economic Research, 1990.

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Gillingham, Kenneth. Energy efficiency economics and policy. National Bureau of Economic Research, 2009.

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M, Goering John, and Wienk Ronald E, eds. Mortgage lending, racial discrimination, and federal policy. The Urban Institute Press, 1996.

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Earth, Friends of the, ed. World Bank: New forestry sector lending policy. Friends of the Earth, 1991.

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Book chapters on the topic "Efficiency of lending policy"

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Barkas, Panagiotis. "Consumer Protection and Financial Innovation: Microeconomic, Policy, and Behavioral Considerations for the Digital Era." In United Nations University Series on Regionalism. Springer Nature Switzerland, 2024. http://dx.doi.org/10.1007/978-3-031-68475-3_17.

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AbstractIn the digital era, financial innovation has transformed the financial services landscape, providing greater accessibility and convenience for consumers. Yet, the comparative advantages it presents and the facilities it has recently offered to firms and investors do not always come at a low cost, particularly in the form of externalities. These costs may appear while consumers use financial innovations or services that may engender predatory lending practices, the misuse of complex financial products, or other consumer threats. At the same time, governments and international bodies hav
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Brinkmeyer, Hartmut. "Transmission channels of monetary policy." In Drivers of Bank Lending. Springer Fachmedien Wiesbaden, 2014. http://dx.doi.org/10.1007/978-3-658-07175-2_2.

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Beggs, Michael, and Luke Deer. "Transmission II: Liquidity and Lending." In Remaking Monetary Policy in China. Springer Singapore, 2019. http://dx.doi.org/10.1007/978-981-13-9726-4_5.

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Starr, Karen. "Efficiency." In Education Policy, Neoliberalism, and Leadership Practice. Routledge, 2019. http://dx.doi.org/10.4324/9781315194745-9.

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Sandersley, Peter. "Policy-Based Lending: an ODA Perspective." In Development Finance and Policy Reform. Palgrave Macmillan UK, 1992. http://dx.doi.org/10.1007/978-1-349-22219-3_4.

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Wang, Xueyan. "Prediction of Lending Club Loan Defaulters." In Applied Economics and Policy Studies. Springer Nature Singapore, 2024. http://dx.doi.org/10.1007/978-981-97-0523-8_157.

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Balassa, Bela. "A Quantitative Appraisal of Adjustment Lending." In Policy Choices for the 1990s. Palgrave Macmillan UK, 1993. http://dx.doi.org/10.1007/978-1-349-13033-7_4.

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Portnoi, Laura M. "Mapping Educational Policy Borrowing and Lending." In Policy Borrowing and Reform in Education. Palgrave Macmillan US, 2016. http://dx.doi.org/10.1057/978-1-137-53024-0_6.

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Werner, Gijsbert D. A., Arthur van Riel, Mérove I. L. Gijsberts, and Marianne de Visser. "Sustainability Through Efficiency." In Research for Policy. Springer Nature Switzerland, 2024. http://dx.doi.org/10.1007/978-3-031-58564-7_5.

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AbstractAn activity is considered efficient when relatively little input is needed to achieve its intended results. In health and social care, this means using the minimum possible human, material and financial resources to bring about a certain health benefit or a certain improvement to quality of life. Economists also refer to this approach specifically as productive efficiency: how do we “produce” better health at the lowest cost, in the broad sense of the word? Or in other words, how do we avoid “wastage” in the delivery of care? This contrasts with allocative efficiency, which is about wh
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Weimer, David L., and Aidan R. Vining. "Cost–Benefit AnalysisAssessing Efficiency." In Policy Analysis, 7th ed. Routledge, 2025. https://doi.org/10.4324/9781003475101-21.

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Conference papers on the topic "Efficiency of lending policy"

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Hur, Won, and Won Woo Ro. "Enhancing IOMMU Efficiency in Heterogeneous SaCs: A Study on Cache Policy Impacts." In 2025 International Conference on Electronics, Information, and Communication (ICEIC). IEEE, 2025. https://doi.org/10.1109/iceic64972.2025.10879735.

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Dranko, Oleg I., and Anna S. Belova. "On Rational Decisions under Different Criteria: Profit Pricing Policy." In 2024 6th International Conference on Control Systems, Mathematical Modeling, Automation and Energy Efficiency (SUMMA). IEEE, 2024. https://doi.org/10.1109/summa64428.2024.10803879.

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Ngoc, Tran Hau, Hoang ChuDuc, and Hoang Vu Tran. "Policy Instruments for Promoting Energy Efficiency and Reducing Greenhouse Gas Emissions in Vietnam." In 2024 9th International Conference on Applying New Technology in Green Buildings (ATiGB). IEEE, 2024. http://dx.doi.org/10.1109/atigb63471.2024.10717657.

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Meshcheryakova, A. V., A. P. Mazurenko, and V. N. Orobinskaya. "Policy of Using Digital Technologies in Jurispudence: Russian and Foreign Experience." In 2024 6th International Conference on Control Systems, Mathematical Modeling, Automation and Energy Efficiency (SUMMA). IEEE, 2024. https://doi.org/10.1109/summa64428.2024.10803878.

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Mazhar, Neha, Syed Asad Ullah, Haejoon Jung, Qurrat-Ul-Ain Nadeem, and Syed Ali Hassan. "Enhancing Spectral Efficiency in IoT Networks using Deep Deterministic Policy Gradient and Opportunistic NOMA." In 2024 IEEE 100th Vehicular Technology Conference (VTC2024-Fall). IEEE, 2024. https://doi.org/10.1109/vtc2024-fall63153.2024.10757996.

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Shao-ji, Yang, and Ren Zhao-zhang. "Using Bivariate Probit Model to Analyze Bank Lending Policy." In 2006 International Conference on Management Science and Engineering. IEEE, 2006. http://dx.doi.org/10.1109/icmse.2006.314030.

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Apergis, Nicholas, Stephen Miller, and Effrosyni Alevizopoulou. "The Bank Lending Channel and Monetary Policy Rules: Further Extensions." In Annual International Conferences on Accounting and Finance. Global Science & Technology Forum (GSTF), 2012. http://dx.doi.org/10.5176/2251-1997_af42.

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Noor Fitria Agus, Farrah, and Buddi Wibowo. "Transmission of Monetary Policy to Bank Lending Rate in Indonesia." In Proceedings of the 1st UHAMKA International Conference on Economics and Business, UHICEB 2023, 18-19 December 2023, Jakarta, Indonesia. EAI, 2024. https://doi.org/10.4108/eai.18-12-2023.2349310.

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Jankova, Liga, Antra Line, and Anita Auzina. "INDUSTRIAL PARKS IN LATVIA." In 23rd SGEM International Multidisciplinary Scientific GeoConference 2023. STEF92 Technology, 2023. http://dx.doi.org/10.5593/sgem2023/5.1/s21.50.

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In 2021, economic growth in Latvia recovered slowly after the Covid-19 crisis. At the beginning of 2022, energy and food prices increased significantly, intensifying inflationary pressure. The volume of foreign direct investments decreased, lending to companies decreased. A new approach to business promotion is needed. An industrial park is a territory set aside for economic activity, which has one manager who takes care of its infrastructure, performs construction or renovation or repair of premises according to the needs of the client and provides other services. The role of industrial parks
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Tanjung, Ahmad. "Bank Lending Channel of Monetary Policy Transmission: New Evidence From Indonesia." In Proceedings of the 1st International Conference on Social Science, Humanities, Education and Society Development, ICONS 2020, 30 November, Tegal, Indonesia. EAI, 2021. http://dx.doi.org/10.4108/eai.30-11-2020.2303764.

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Reports on the topic "Efficiency of lending policy"

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Soldano, Miguel, Michelle Fryer, David Rogers, et al. Country Program Evaluation: Nicaragua (2008-2012). Inter-American Development Bank, 2012. http://dx.doi.org/10.18235/0010502.

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The 2008-2012 Country Program Evaluation (CPE) concludes that the Bank's program was programmatically aligned with Government's National Plan for Human Development and addressed five areas essential for growth and poverty reduction. The one significant omission in the Bank's program from a development perspective was the lack of attention to governance an area identified as a priority for future strategies by the previous CPE. The Bank played a central role in financing the country's fiscal gap over the CPE period, reflecting increased country demand in the context of the global financial cris
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Kashyap, Anil, and Jeremy Stein. Monetary Policy and Bank Lending. National Bureau of Economic Research, 1993. http://dx.doi.org/10.3386/w4317.

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Acharya, Viral, Simone Lenzu, and Olivier Wang. Zombie Lending and Policy Traps. National Bureau of Economic Research, 2021. http://dx.doi.org/10.3386/w29606.

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Casado, Alejandro, and David Martínez-Miera. Local lending specialization and monetary policy. Banco de España, 2024. http://dx.doi.org/10.53479/37912.

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We provide evidence that bank loan supply reactions to monetary policy changes are market-specific, emphasizing the importance of banks’ local specialization. We analyze the U.S. mortgage market and find that when monetary policy eases, banks increase new mortgage lending growth more in markets in which they are geographically specialized relative to other markets and banks. This holds after controlling for local lending opportunities and (unobservable) bank differences. Further empirical findings, supported by a simple model, suggest that banks face market-specific differences in lending adva
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Bouillon, César P., Pablo Fleiss, Roxana Pedraglio, Gunnar Gotz, Luis Fernando Corrales, and Andreia Barcellos. Technical Note: Policy-Based Lending at the IDB. Inter-American Development Bank, 2024. http://dx.doi.org/10.18235/0012925.

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This note presents findings and insights from different sources and constitutes the first building block for the Office of Evaluation and Oversights (OVE) policy-based lending evaluation. Prior evaluation work by OVE and the evaluation departments of other Multilateral Development Banks (MDBs), as well as Inter-American Development Bank's (IDB) project databases, provide a rich source of information on the use and characteristics of policy-based lending. This paper synthesizes findings and insights from: (i) OVE's 2015 review of the design and use of policy-based lending (document RE-485-6); (
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Agarwal, Isha, Malin Hu, Raluca Roman, and Keling Zheng. Lending by Servicing: Monetary Policy Transmission Through Shadow Banks. Federal Reserve Bank of Philadelphia, 2023. http://dx.doi.org/10.21799/frbp.wp.2023.14.

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Bouillon, César P., Pablo Fleiss, Jorge Gallego, et al. Policy-Based Lending at the Inter-American Development Bank. Inter-American Development Bank, 2024. http://dx.doi.org/10.18235/0013024.

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The objective of this evaluation is to analyze to what extent policy-based lending in the IDB has contributed to its dual objectives of (i) improving debt and liquidity management by providing beneficiary countries with flexible, liquid, and timely funding to meet their financing needs; and (ii) strengthening fiscal management, economic and sector frameworks, and the provision of public services by supporting policy and institutional reform in client countries. The assessment of policy-based lending in the IDB is timely, given the importance and increased need to foster reform and improve the
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Agarwal, Sumit, Sergio Mayordomo, María Rodríguez-Moreno, and Emanuele Tarantino. Household Heterogeneity and the Lending Channel of Monetary Policy. Banco de España, 2025. https://doi.org/10.53479/39825.

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This paper examines how monetary policy affects corporate lending through its impact on household balance sheets, bridging the gap between the cash flow and bank lending channels. When policy rates rise, households with variable-rate debt face higher monthly payments, prompting early mortgage repayments, particularly among high-income borrowers. Exploiting the monetary tightening between July 2022 and September 2023 as a policy experiment, we show that banks that are more exposed to variable-rate mortgages granted to higher-income households increase their supply of corporate credit, especiall
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Fabiani, Andrea, Martha López, José-Luis Peydró, Paul E. Soto, and Margaret Guerrero. Capital Controls, Domestic Macroprudential Policy and the Bank Lending Channel of Monetary Policy. Banco de la República, 2021. http://dx.doi.org/10.32468/be.1162.

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We study how capital controls and domestic macroprudential policy tame credit supply booms, respectively targeting foreign and domestic bank debt. For identification, we exploit the simultaneous introduction of capital controls on foreign exchange (FX) debt inflows and an increase of reserve requirements on domestic bank deposits in Colombia during a strong credit boom, as well as credit registry and bank balance sheet data. Our results suggest that first, an increase in the local monetary policy rate, raising the interest rate spread with the United States, allows more FX-indebted banks to ca
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Klosek, Katherine. Controlled Digital Lending. Association of Research Libraries, 2022. http://dx.doi.org/10.29242/report.controlleddigitallending2022.

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This paper discusses ARL’s position on controlled digital lending of library materials and lays out considerations that may support research libraries in crafting their use case and preparing for a fair-use analysis. The paper also reflects a discussion of digital-lending practices, concerns, and opportunities held by the ARL Advocacy and Public Policy Committee and guests during the October 2021 Fall Association Meeting. That discussion, and subsequent conversations around an earlier version of this paper, informed ARL’s position on digital lending.
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