Showing 1 - 10 of 484
This paper examines empirically the role of bank market power as an internal factor influencing banks’ reaction in terms of lending and risk-taking to monetary policy impulses. The analysis is carried out for the US and euro-area banking sectors over the period 1997-2010. Market power is...
Persistent link: https://www.econbiz.de/10011260259
The transmission of monetary policy may hold the key to explaining the effects of policy on the economy. The objective of the study is to assess the importance of the bank lending channel in the transmission of monetary policy in Australia. In this paper, we found that the effectiveness of...
Persistent link: https://www.econbiz.de/10009372589
This study estimates the demand for bank lending by the private business sector in Pakistan. For the purpose of analysis a three-step methodology is applied, that is, univariate analysis, multivariate cointegration analysis, and error correction mechanism. It is found that the individual series...
Persistent link: https://www.econbiz.de/10005619503
Credit channel of monetary transmission mechanism provides an alternative transmission channel of monetary shock through the asset side of the banking system. Based on the literature on market imperfection, it presents some appealing arguments on supply side effects of innovations in monetary...
Persistent link: https://www.econbiz.de/10008833285
An alternative theoretical setting is presented to characterise the money demand and the monetary equilibrium. Two main hypotheses are stated that contradict the assumptions normally sustained by scholars and policy-makers: National output is assumed to be a random variable, and people are...
Persistent link: https://www.econbiz.de/10013148534
This paper empirically investigates the impact of Chile’s social protection’s monetary subsidies on vulnerability to … unable to address the structural causes of vulnerability faced by individuals in Chile. …
Persistent link: https://www.econbiz.de/10011212952
This paper examines health insurance choice and its dynamics using panel data from Chile’s National Socio Economic … decision models. The results of this paper are in line with most of the previous investigations done on Chile’s health …
Persistent link: https://www.econbiz.de/10011212953
Chile provides an interesting setting to analyze vulnerability to poverty, especially today, after the last poverty … dynamics of poverty in Chile. To begin with, I examine socioeconomic transitions using transition matrices, confirming a great … in Chile by estimating a vulnerability measurement. The evidence reveals a high level of vulnerability to poverty present …
Persistent link: https://www.econbiz.de/10011212954
Using the latest nationally representative household survey for Chile, this paper empirically assesses multidimensional …-being –education, health, income and living standard– this study estimates the level and depth of multidimensional poverty for Chile in …
Persistent link: https://www.econbiz.de/10011212959
Using panel data from Chile’s National Socio Economic Characterization Survey 1996-2001- 2006, this article examines … Chile’s health insurance system and advance previous knowledge on the topic by including the dynamism that panel data …
Persistent link: https://www.econbiz.de/10011212960