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Bank deposit rate clustering: theory and empirical evidence
Kahn, Charles; Pennacchi, George; Sopranzetti, Ben - Federal Reserve Bank of Cleveland - 1996
An examination of banks' optimal deposit-rate-setting behavior when some customers have limited recall, showing that when banks exploit this phenomenon, deposit rates will tend to be set at round fractions and will be relatively "sticky" at these levels.
Persistent link: https://www.econbiz.de/10005428193
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Bank mergers and deposit interest rate rigidity
Dinger, Valeriya - Federal Reserve Bank of Cleveland - 2011
interest rates. Whereas existing research in this area has been exclusively concerned with static measures of bank and market …
Persistent link: https://www.econbiz.de/10009395293
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The Duration of Bank Retail Interest Rates (formerly titled: A microeconometric investigation into bank interest rate rigidity)
Craig, Ben R; Dinger, Valeriya - Federal Reserve Bank of Cleveland - 2010
We use bank retail interest rates as price examples in a study of the determinants of price durations. The … determinants of the duration of retail interest rates are the cumulated change in the money market interest rates and the policy … asymmetrically to positive and negative wholesale interest rate changes; the asymmetry of the adjustment is reinforced in part by the …
Persistent link: https://www.econbiz.de/10008489324
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Bank mergers and the dynamics of deposit interest rates
Craig, Ben R; Dinger, Valeriya - Federal Reserve Bank of Cleveland - 2008
Despite extensive research interest in the last decade, the banking literature has not reached a consensus on the …
Persistent link: https://www.econbiz.de/10005428294
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Deposit market competition, costs of funding and bank risk
Craig, Ben R; Dinger, Valeriya - Federal Reserve Bank of Cleveland - 2009
This paper presents an empirical examination of the effects of both deposit market competition and of wholesale funding on bank risk simultaneously. The traditional view of the relation between competition and risk has focused on the disciplining role of the charter value. In this project we...
Persistent link: https://www.econbiz.de/10004994160