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in the GCC. We use bank-level panel data, exploiting variation across banks within countries, to isolate the impact of ….S. monetary policy to liability rates than to asset rates and bank profitability, largely reflecting funding structures. In … addition, we explore the role of shifts in the quantity of bank liabilities as policy rates change and the role of large banks …
Persistent link: https://www.econbiz.de/10012843506
financial accelerator, where bank balance sheets do not play a prominent role, and GIMF with both a financial accelerator and a …
Persistent link: https://www.econbiz.de/10013016607
In this paper, we investigate how negative interest rate policy (NIRP) introduced in January2016 by the Bank of Japan …
Persistent link: https://www.econbiz.de/10012913933
the determinants of bank interest margins using a sample of 456 banks in 41 SSA countries. The results show that market … concentration is positively associated with interest margins, but the impact depends on the level of efficiency of each bank. In … results also show that bank-specific factors such as credit risk, liquidity risk, and bank equity are important determinants …
Persistent link: https://www.econbiz.de/10013086312
State-owned banks may help to soften the financing constraints of public sector entities and consequently become a factor that hampers fiscal discipline. Using a panel dataset, we find that a larger presence of state-owned banks in the banking system is associated with more credit to the public...
Persistent link: https://www.econbiz.de/10013073777
curves and an inability to offer deposit rates significantly below zero combine to compress bank earnings in this environment …
Persistent link: https://www.econbiz.de/10012910355
In this paper, we use a bank-level panel dataset to investigate the determinants of bank interest margins in the … extensions to assess the extent to which high spreads of banks in the CCA can be related to bank-specific variables, to … risk, bank size, bank diversification, banking sector competition, and macroeconomic policies; but the impact depends on …
Persistent link: https://www.econbiz.de/10013022261
This paper estimates neutral real interest rate (NRIR) ranges for 10 Latin American countries that either have full-fledged inflation targeting regimes in place or have recently adopted them, using an array of methodologies commonly used in the literature. We find that NRIRs have declined in the...
Persistent link: https://www.econbiz.de/10013099302
This paper develops a structural macroeconometric model of the world economy, disaggregated into thirty five national economies. This panel unobserved components model features a monetary transmission mechanism, a fiscal transmission mechanism, and extensive macrofinancial linkages, both within...
Persistent link: https://www.econbiz.de/10013102206
central bank that does not observe the natural interest rate can take advantage of this co-movement by incorporating the …
Persistent link: https://www.econbiz.de/10013102289