金融与财务学系系列讲座之296期
时 间：2023年12月19日（周二）13:30-15:00
地 点：李达三楼105室
主 题：Bond Financing Channel of Monetary Policy: Evidence from Bank Lending
演讲者：黄毅 Professor of Finance, Fudan University and CEPR
摘 要：
Using granular loan-level data from a policy bank in China, we examine the lending response to bond financing costs fluctuation incurred by monetary policy shocks. Tighter monetary policy increases loan rate and loan spread, at the same time reduces loan volume and improves loan quality. The pass-through of monetary policy is genuinely heterogeneous—stronger during monetary contractions and market-oriented reform period, among manufacturing firms, in firms with more default risks, and in areas with lower income, weaker fiscal capacity, and smaller banking penetration.
简 介：
Prof. Yi Huang currently is the Professor of Finance in Fudan University and the associate editor at the Journal of Financial Markets. Prof. Huang's research consists of international macro and finance, digital economics & fintech, FX market and entrepreneurship. He published in academic journals such as RES, JF, MS, REStat, JIE, JFQA. He holds PhD degree from London Business School as the Margaret and Richard Merrell Foundation Scholar.
金融与财务学系
2023-12-15
-
活动讲座
-
新闻动态
-
微信头条
-
招生咨询
-
媒体视角
-
瞰见云课堂
