文献中的Differential Effect应该怎样理解？

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在一篇有关货币政策的文献，实证中做了一个检验Differential Effect of a 1 Standard Deviation Increase in the Federal Funds Rate on
Output and Lending: Highest Less Lowest Capital Ratio

那这个Differential Effect具体是指什么，应该怎样理解？
ps：前文中有一句话 If both these conditions are met, then the
interaction coefficients will pick up not only the differential effects of monetary
policy but also of the variables to which the Fed is reacting。

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关键词：Differential Different DIFFER Effect FECT 货币政策