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model, the results indicate that remittances along with debt, money supply (net of bank demand deposits) and income …
Persistent link: https://www.econbiz.de/10005025321
An attempt is made to identify the determinants of yield spreads between the State and Central government securities in a panel data framework as has been used in several cross-country studies. This study examines the potential impact of fiscal as well as market related factors on the yield...
Persistent link: https://www.econbiz.de/10009323729
The sovereign debt problems in the peripheral economies of the euro zone has started to pose a serious threat to the … are coming to fore. The paper shows that the crisis is not merely related to sovereign debt and bank financials, but also …
Persistent link: https://www.econbiz.de/10009493971
The paper attempts to analyse the emerging contours of regulation of financial institutions with an emphasis on the …
Persistent link: https://www.econbiz.de/10004979262
Although economic growth has improved in recent years in Bangladesh, the better economic performance has not translated into satisfactory poverty reduction. The type of growth that matters Bangladesh is the one that creates employment opportunities especially for the poor. In Bangladesh,...
Persistent link: https://www.econbiz.de/10004980016
This essay examines the trajectory of India?s fiscal policy with a focus on historical trends, fiscal discipline frameworks, fiscal responses to the global financial crisis and subsequent return to a fiscal consolidation path. [Ministry of Finance WP]....
Persistent link: https://www.econbiz.de/10009493974
Dr. Bimal Jalan, Governor gave a welcome remark to Prof. Charles Goodhart on his 11th C. D. Deshmukh Memorial Lecture on 'Whither Central Banking ?' This paper revolves around Dr. Jalan's summary and Prof.Goodhart's lecture on central banking. [RBI CD Deshmukh]
Persistent link: https://www.econbiz.de/10004972720
Establishing a debt management office would consolidate all debt management functions in a single agency, and be the … catalyst for wider institutional reform and transparency about public debt. It is internationally accepted best practice that … debt management should be disaggregated from monetary policy, and taken out of the realm of the central bank. Most advanced …
Persistent link: https://www.econbiz.de/10004969057
If banks solve an inter-temporal problem under adverse selection and moral hazard, then bank specific factors, regulatory and supervisory features, market structure, and macroeconomic factors affect banks loan interest rates and their spread over deposit interest rates. To examine post...
Persistent link: https://www.econbiz.de/10010945421
In support of the financial-accelerator theory, evidence is found on countercyclical price-cost banking margins possibly explaining the amplifications of business cycles in Pakistan. [WP 41]. URL:[http://www.sbp.org.pk/publications/wpapers/2011/wp41.pdf].
Persistent link: https://www.econbiz.de/10009358537