Similar Search Results

Camba-Méndez, Gonzalo; Mongelli, Francesco Paolo - 2021

How much of the heterogeneity in bank loan pricing is explained by disparities in banks' attitude towards risk? The … answer to this question is not simple because there are only very weak proxies for gauging the degree of a bank's risk … confirm that disparities in market power, banks' funding costs, and banks' funding risks are re ected in bank lending rates …

Persistent link: https://www.econbiz.de/10012420270

Exchange rates and fundamentals

Engel, Charles; West, Kenneth David - 2003

Standard economic models hold that exchange rates are influenced by fundamental variables such as relative money supplies, outputs, inflation rates and interest rates. Nonetheless, it has been well documented that such variables little help predict changes in floating exchange rates u0097 that...

Persistent link: https://www.econbiz.de/10009635953

Maintaining price stability under free-floating

Detken, Carsten; Gaspar, Vítor - 2003

model where the central bank follows a strategy directed at maintaining price stability. It is shown that the behaviour of …

Persistent link: https://www.econbiz.de/10009635960

Exchange rates and fundamentals

Engel, Charles (contributor); West, Kenneth D. (contributor) - 2003

Persistent link: https://www.econbiz.de/10001820873

Monetary policy and the zero bound to interest rates : a review

Yates, Anthony (contributor) - 2002

Persistent link: https://www.econbiz.de/10001735705

Describing the fed's conduct with Taylor rules : is interest rate smoothing important?

Castelnuovo, Efrem (contributor) - 2003

Persistent link: https://www.econbiz.de/10001792721

Interest rate determination in the interbank market

Gaspar, Vitor (contributor); … - 2004

Persistent link: https://www.econbiz.de/10002125119

Monetary policy and local industry structure

Popov, Alexander; Steininger, Lea - 2023

We study how monetary policy affects local market competition in a union of countries experiencing different economic conditions: the euro area. We find that when monetary conditions tighten (loosen), from the point of view of an individual economy, market concentration increases (declines)....

Persistent link: https://www.econbiz.de/10013552619

Monetary policy and the drifting natural rate of interest

Daudignon, Sandra; Tristani, Oreste - 2023

bias, the central bank should aim to keep the real interest rate systematically below the long-run natural rate, as long as …

Persistent link: https://www.econbiz.de/10013553542

Life insurance convexity

Grochola, Nicolaus; Gründl, Helmut; Kubitza, Christian - 2023

Life insurers sell savings contracts with surrender options, which allow policyholders to prematurely receive guaranteed surrender values. These surrender options move toward the money when interest rates rise. Hence, higher interest rates raise surrender rates, as we document empirically by...

Persistent link: https://www.econbiz.de/10014343109