Financial technologies and the effectiveness of monetary policy transmission / Iftekhar Hasan, Boreum Kwak, Xiang Li ; editor: Halle Institute for Economic Research (IWH) - Member of the Leibniz Association

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cbs.date.changed2023-08-28
cbs.date.creation2023-08-28
cbs.picatypeOa
cbs.publication.displayformHalle (Saale), Germany : Halle Institute for Economic Research (IWH) - Member of the Leibniz Association, [2023?]
dc.contributor.authorHasan, Iftekhar
dc.contributor.authorKwak, Boreum
dc.contributor.authorLi, Xiang
dc.contributor.otherLeibniz-Institut für Wirtschaftsforschung Halle
dc.date.accessioned2025-05-30T22:40:53Z
dc.date.issued2023
dc.description.abstractThis study investigates whether and how financial technologies (FinTech) influence the effectiveness of monetary policy transmission. We use an interacted panel vector autoregression model to explore how the effects of monetary policy shocks change concerning regional-level FinTech adoption. Results indicate that FinTech adoption generally mitigates the transmission of monetary policy to real GDP, consumer prices, bank loans, and housing prices, with the most significant impact observed in the weakened transmission to bank loan growth. The relaxed financial constraints, regulatory arbitrage, and intensified competition are the possible mechanisms underlying the mitigated transmission.de
dc.format.extent1 Online-Ressource (III, 51, A18 Seiten, 2,28 MB) : Diagramme
dc.genrebook
dc.identifier.otherkxp: 1858121361
dc.identifier.ppn1858121361
dc.identifier.urihttps://epflicht.bibliothek.uni-halle.de/handle/123456789/12967
dc.identifier.urnurn:nbn:de:gbv:3:2-982219
dc.identifier.vl-id3270503
dc.language.isoeng
dc.publisherHalle Institute for Economic Research (IWH) - Member of the Leibniz Association
dc.relation.ispartofseriesIWH-Diskussionspapiere ; 2020, no. 26 (December 2020) [rev.] ppn:837399270
dc.rights.urihttp://rightsstatements.org/vocab/InC/1.0/
dc.subject.ddc330
dc.titleFinancial technologies and the effectiveness of monetary policy transmission / Iftekhar Hasan, Boreum Kwak, Xiang Li ; editor: Halle Institute for Economic Research (IWH) - Member of the Leibniz Association
dc.typeBook
dspace.entity.typeMonograph
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local.publication.editionThis version: August 25, 2023

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