摘要:During the two recent decades considerable studies have focused on mechanisms of monetary policy transmission to perceive impacts of monetary policy on real economy better. The significant point of these studies is the role of banking system in monetary policy transmission that includes impacts of monetary poli cy on lending of the banking system. Bank lending channel of monetary policy focuses on bank loans because of monetary policy. Purpose of this paper is to analyze impacts of monetary policy shock on banking network facilities that studies such impacts through bank lending channel. It has been tried in this paper to study such impacts by theoretical explanation, designing a model and by means of generalized method of moments and then analyze empirical impact of this relation. Results of the survey indicate that capital base and liquidation base variables have a significant impact on lending of the banking network in Iran. On the other side, these impacts are intensified with executing of restrictive monetary policy. Indeed existence of bank traditional lending channel and bank capital channel have been confirmed for banking network in Iran, although its impact is little
关键词:Bank lending; monetary policy shock; capital base; liquidation base