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The banking business is full of both internal and external constraints that impede performance. This study attempts to empirically investigate the internal constrains to bank lending and performance. The paper adopts the major variables of volume of deposits, interest rates and shareholders'...
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This paper examines the impact of changes in interest rates on stock returns in Turkey by using wavelet analysis with Granger causality tests. By using daily closing values of the ISE 100 Index and interest rates, it is proven that starting with the 9 day time-scale effect, Granger interest...
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The debate on the order of integration of interest rates has long focused on the I(1) versus I(0) distinction. In this paper we instead use the wavelet OLS estimator of Jensen (1999) to estimate the fractional integration parameters of several interest rates for the United States and Canada from...
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