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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
conditional profitability distributions. Real GDP growth and the NPL ratio are shown to be the most reliable determinants of bank …
Persistent link: https://www.econbiz.de/10012843521
More than two years ago the European Central Bank (ECB) adopted a negative interest rate policy (NIRP) to achieve its …, interest rate cuts also weigh on bank profitability. Substantial rate cuts may at some point outweigh the benefits from higher …
Persistent link: https://www.econbiz.de/10012977791
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
contract their balance sheets. These bank responses generate externalities that propagate in the form of macro … macro-financial feedback loops can significantly affect macroeconomic outcomes and bank-specific stress tests results. The … heterogeneity in bank lending responses matters: it determines how each bank fares under adverse conditions and the external effects …
Persistent link: https://www.econbiz.de/10012829700
The recent financial crisis highlighted the role of Bank Holding Companies (BHCs) in exacerbating the crisis and in … monetary policy and market innovations on bank behavior in the presence of Basel III type regulations. To our knowledge, this … trading business, and show that regulations that target bank governance can mitigate possible rogue trading and the over …
Persistent link: https://www.econbiz.de/10012950372
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
This study investigates the impact of the current financial crisis on Canada's potential GDP growth. Using a simple …-term unemployment rate (which would raise equilibrium unemployment rates). However, over the medium term, we expect Canada's potential …
Persistent link: https://www.econbiz.de/10013134722
put more pressure on the banks' capital. Given high bank concentration and large offshore wholesale funding needs, the …
Persistent link: https://www.econbiz.de/10013085973
This paper discusses possible medium-term public debt targets for India, based on evidence from the economic literature on prudent levels of public debt and the feasibility for the country to meet a particular target over the next 5-6 years. While recognizing the challenges in determining an...
Persistent link: https://www.econbiz.de/10013070373