Showing 1 - 10 of 2,599
This study examines the frequency and form of deposit account interest rate change. Specifically, the question of whether depost rate change is synchronised with other banks or staggered at periodic intervals is addressed. Overall, evidence consistent with individual banks changing deposit...
Persistent link: https://www.econbiz.de/10004970307
This paper discusses key findings of the Financial System Stability Assessment on the Basel Core Principles for Effective Banking Supervision, the Committee for Payment and Settlement Systems (CPSS) Core Principles for Systemically Important Payment Systems, and IMF Monetary and Financial Policy...
Persistent link: https://www.econbiz.de/10011244726
This paper investigates empirically the pass-through of money market interest rates to retail banking interest rates in Chile, the United States, Canada, Australia, New Zealand, and five European countries. Overall, Chile's pass-through does not appear atypical. Based on a standard...
Persistent link: https://www.econbiz.de/10005248289
This paper examines interest rate spreads in English-speaking African countries. Higher spreads were found to be associated with lower inflation, a greater number of banks, and greater public ownership of banks. Higher deposit interest rates were found to be associated with lower interest rate...
Persistent link: https://www.econbiz.de/10005264076
The paper shows that commercial banks’ ability to lower deposit interest rates (market power) can increase deposit mobilization. Interest expenses saved can subsidize and lower fees on checking and branching services and thus help attract deposits. United States data illustrates the financial...
Persistent link: https://www.econbiz.de/10005605142
The purpose of this paper is to highlight the integration degree of the Romanian retail banking activity in the European Union retail banking by analyzing the interest rates practiced on the two banking markets. Interest rates from the romanian retail banking market meet a tendency of...
Persistent link: https://www.econbiz.de/10011150690
This paper documents the patterns and determinants of price setting in the Belgian industry. We analyse the micro data underlying the Producer Price Index (PPI) over the period from February 2001 to January 2005. On average only one out of four prices changes in a typical month, whereas the...
Persistent link: https://www.econbiz.de/10005816247
staggering are common, This paper analyzes how synchronization of price changes affects the response to monetary policy shocks. I … find that even large deviations from uniform staggering have small effects on the response in output. Aggregate dynamics in … a model of uniform staggering may serve well as an approximation to a more complicated model with some degree of …
Persistent link: https://www.econbiz.de/10008513128
This paper documents the patterns and determinants of price setting in the Belgian industry. We analyse the micro data underlying the Producer Price Index (PPI) over the period from February 2001 to January 2005. On average only one out of four prices changes in a typical month, whereas the...
Persistent link: https://www.econbiz.de/10004983115
that the more aggregate the data, the closer the distribution to perfect staggering. This result holds for both aggregation …
Persistent link: https://www.econbiz.de/10005001398