windfall profits and provide an impulse for further price hikes. (2) To protect profit margins from rising costs, downstream …

We investigate the monetary linkage between aggregate accounting profitability changes and inflation. Recent previous … (i.e., real riskless rate, expected inflation, and expected equity risk premium) further supporting the theory of … the impact of aggregate profitability changes on monetary-policy-stance measures in order to explain the relation between …

monetary and fiscal policies are prominent influencers of profitability, it signals that the banks' reaction function as profit …Persistence of profitability in the Kenyan banking industry masks the limited understanding of the adjustment process … of the profit seeking behavior during economic shocks. Whether the adjustment is in response to the adverse outcomes of …

profits. The discontinuity in the profit distribution is (i) more pronounced amid greater political or public pressure, the …. These findings indicate that profitability concerns, while absent from standard theoretical models of central banking, are …