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This paper analyses the process of disintermediation, the progress in consolidation, the impact of new technologies, and the role of ownership and control structures for the euro area banking sector. The impact of these trends on competition policy, ""too big to fail"" concerns, and financial...
Persistent link: https://www.econbiz.de/10014403646
discipline: a weak bank may not necessarily be able to stop a deposit drain by raising its uninsured deposit interest rates …
Persistent link: https://www.econbiz.de/10014403981
Widespread implicit guarantees and interest ceilings were major distortions in China's financial system, contributing to a misallocation of resources. We analyze the impact of removing such frictions in a general equilibrium setting. The results show that comprehensive reforms generate better...
Persistent link: https://www.econbiz.de/10011445597
This paper reviews the impact of interest rate controls in Kenya, introduced in September 2016. The intent of the controls was to reduce the cost of borrowing, expand access to credit, and increase the return on savings. However, we find that the law on interest rate controls has had the...
Persistent link: https://www.econbiz.de/10012022041
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/10012154990
This paper identifies macroeconomic stability, effective bank supervision, and an appropriate sequencing of … financial sector liberalization. Recent theoretical developments help to explain why interest rates in free markets for bank … institutions and the economy at large. To prevent such outcomes, macro-economic stabilization and improved bank supervision should …
Persistent link: https://www.econbiz.de/10014396107
Persistent link: https://www.econbiz.de/10009488618
Persistent link: https://www.econbiz.de/10009422680
, harmonizing arrangements for bank and thrift holding companies, and bringing into the net a few systemic nonbank financial groups …
Persistent link: https://www.econbiz.de/10014403220
discipline bank behavior. By controlling for a more comprehensive set of risk/return factors, the study improves upon …
Persistent link: https://www.econbiz.de/10014401447