Narrow search
Showing 1 - 10 of 38,654
Cover Image
Determinants of Lending Rates and Interest Rate Spreads in Macedonia
Georgievska, Ljupka; Kabashi, Rilind; … - Narodna Banka na Republika Makedonija - 2010
panel estimation techniques on a sample of commercial banks in Macedonia. Our results indicate that lending rates are mostly …This paper focuses on investigating the determinants of lending rates and interest rate spreads in Macedonia. In order … influenced by bank size and market share, and to a somewhat lesser extent by deposit rates and non-performing loans. In addition …
Persistent link: https://www.econbiz.de/10010740194
Cover Image
Banks competition, managerial efficiency and the interest rate pass-through in India
Ansari, Jugnu; Goyal, Ashima - Indira Gandhi Institute of Development Research (IGIDR) - 2014
If banks solve an inter-temporal problem under adverse selection and moral hazard, then bank specific factors … controlling for all these factors, we estimate the determinants of commercial banks loan pricing decisions, using dynamic panel …
Persistent link: https://www.econbiz.de/10010860139
Cover Image
States, Banks, and the Financing of the Economy: Fiscal Policy and Sovereign Risk Perspectives
Egger, Peter H.; Afonso, Antonio; Jalles, Joao Tovar; … - SUERF - The European Money and Finance Forum
On 5-6 September 2012 SUERF held its 30th Colloquium “States, Banks, and the Financing of the Economy” at the University of Zürich, Switzerland. The papers included in this SUERF Study are based on contributions to the Colloquium. All the chapters in this publication discuss from different...
Persistent link: https://www.econbiz.de/10011070908
Cover Image
Mortgage Rate Pass-Through in Switzerland
Cecchin, Iva - Schweizerische Nationalbank (SNB) - 2011
This paper investigates the speed and completeness of the pass-through from market rates to mortgage rates in Switzerland. The pass-through dynamics are studied under a marginal funding cost perspective. By choosing the appropriate benchmark rates, this study takes into account banks' forecasts...
Persistent link: https://www.econbiz.de/10009023977
Cover Image
Sovereign spreads and financial market behavior before and during the crisis
Gajewski, Paweł - Wydział Ekonomiczno-Socjologiczny, Uniwersytet Łódzki - 2014
This paper aims at shedding some light on the mechanisms of pricing the EMU countries’ sovereign bonds in financial markets. Employing the Augmented Mean Group (AMG) estimator, we find that major changes have occurred in terms of variables underlying sovereign risk. Since 2009, macroeconomic...
Persistent link: https://www.econbiz.de/10011079814
Cover Image
Curve Forecasting by Functional Autoregression
Onatski, A.; Karguine, V. - Society for Computational Economics - SCE - 2005
factor decomposition, for estimation of the autoregression operator, which is designed to be better suited for prediction … operators of the autoregressive process. We develop an estimation method based on regularization of the empirical counterpart of …
Persistent link: https://www.econbiz.de/10005343036
Cover Image
Determinants of OECD countries’ sovereign yields: safe havens, purgatory, and the damned.
Bortoli, C.; Harreau, L.; Pouvelle, C. - Banque de France - 2014
In this paper, we estimate the determinants of the spreads between the 10-year sovereign bond yields and the (interest rate) swap rate for a sample of 22 OECD countries over the January 1999-December 2013 period, using various models. Our main, fixed-effect, model highlights the crucial role of...
Persistent link: https://www.econbiz.de/10010815955
Cover Image
Convergence of Government Bond Yields in the Euro Zone: The Role of Policy Harmonization
Côté, Denise; Graham, Christopher - Bank of Canada - 2004
Since the early 1980s, long-term government bond yields in the euro zone have declined, in line with those in other industrialized countries. In this paper, the authors examine the monetary and fiscal policies adopted by European countries on the path to Economic and Monetary Union (EMU), and...
Persistent link: https://www.econbiz.de/10005162403
Cover Image
The Role of Investment Funds in Romania
Diaconasu, Delia-Elena; Asavoaei, Alexandru - In: Romanian Economic Journal 14 (2011) 39, pp. 45-59
The main aim of this article is to present the influence of investment funds on the economic growth in Romania between 2007 and 2010. Unfortunately some of the main findings of the paper are: insignificant share of investment funds in GDP, low correlation between inflation rate and the net...
Persistent link: https://www.econbiz.de/10009002716
Cover Image
Financial Instability, Uncertainty and Banks’ Lending Behaviour
Swamy, Vighneswara; S, Sreejesh - Volkswirtschaftliche Fakultät, … - 2012
providing answers as to what causes the sluggish bank credit during the times of recession. By employing cointegration technique …, the study shows that bank credit has a significant positive relationship with the borrowing activity of the banks and on …
Persistent link: https://www.econbiz.de/10011259138