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ORCID

Filip Świtała: 0000-0002-8046-5240

Iwona Kowalska: 0000-0002-1208-2790

Karolina Malajkat: 0009-0004-1637-9323

Abstract

The article supplements the research on the effectiveness of monetary policy transmission – especially through the bank lending channel. The current study focuses on assessing the transmission of monetary impulses through commercial and cooperative banks as well as through individual loan portfolios, while distinguishing between the fact that they were granted by commercial and cooperative banks. How a change in the central bank’s interest rates may determine a change in the volume of loans in the economy remains the core question of the research.

First Page

160

Last Page

177

Page Count

18

Received Date

30 March 2023

Revised Date

26 June 2023

Accept Date

4 July 2023

Online Available Date

19 September 2023

DOI

10.7172/2353-6845.jbfe.2023.1.8

JEL Code

E44; E51; E52; E58; G21

Publisher

University of Warsaw

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