Adedeji, Olumuyiwa S.; Alatrash, Yacoub; Kirti, Divya - 2019
match shifting U.S. monetary policy. This raises the important question of how changes in U.S. monetary policy affect banks … in the GCC. We use bank-level panel data, exploiting variation across banks within countries, to isolate the impact of … changing U.S. interest rates on GCC banks funding costs, asset rates, and profitability. We find stronger pass-through from U …