Showing 1 - 10 of 228
acknowledge and appreciate the spillovers resulting from such UMPs. Central banks of the AEs, who have set up standing mutual swap …
Persistent link: https://www.econbiz.de/10010790334
debated in global and national policy circles. When the U.S. resorted to unconventional monetary policy, spillovers on asset …-term bond yields. Instead, we find that larger spillovers stem more from structural factors, such as the use of new instruments …
Persistent link: https://www.econbiz.de/10011123869
This paper quantifies the effect of realized and potential global growth disappointments on export volumes from the Middle East, North Africa, the Caucasus, and Central Asia. Estimates of export elasticities with respect to trading partner GDP indicate non-oil export volumes are relatively...
Persistent link: https://www.econbiz.de/10011142158
This paper studies economic and financial spillovers from the euro area to Poland in a two-country semi …-structural model. The model incorporates various channels of macrofinancial linkages and cross-border spillovers. We parameterize the …
Persistent link: https://www.econbiz.de/10011142199
It is widely perceived that competition in the Indian banking sector has increased since the inception of the financial sector reforms in 1992. Using annual data on scheduled commercial banks for the period 1996-2004, the paper evaluates the validity of this claim in the Indian context. The...
Persistent link: https://www.econbiz.de/10005825694
far-reaching banking sector reforms undertaken in Uganda to improve competition and efficiency. Using models that have … has been associated with a rise in efficiency. Moreover, on average, larger banks and foreign-owned banks have become more …
Persistent link: https://www.econbiz.de/10005826275
competitive and efficient banking sector. Measured by various indicators, efficiency of banking intermediation has been improving …
Persistent link: https://www.econbiz.de/10011244565
The paper assesses the degree of banking competition and efficiency in Italy?over time as well as compared to that in … highcost, high-income system, particularly with respect to retail/services, and efficiency gains have yet to fully materialize … dealing with weak banks and other merger and acquisition reviews focus on stability and competition objectives. …
Persistent link: https://www.econbiz.de/10005769248
This study reinvestigates the theoretical relationship between competition in banking and banks' exposure to risk of failure. There is a large existing literature that concludes that when banks are confronted with increased competition, they rationally choose more risky portfolios. We briefly...
Persistent link: https://www.econbiz.de/10005599568
This paper examines the evolution of market structure in emerging market banking systems during the 1990s. While significant bank consolidation has been taking place in these countries, reflected in a sharp decline in the number of banks, this process has not systematically been associated with...
Persistent link: https://www.econbiz.de/10005264153