competition. Here, we employ a novel approach to account for IRS that are both unexpected and effective for a bank’s business … theory that monopolistic firms undersupply the market when utilizing their high pricing power in the bank competition …–liquidity creation nexus. While positive IRS per se lead to an increase in bank liquidity creation, we find that a high bank …

This paper studies bank competition with borrower adverse selection. In the model, expected non-performing loan costs … competition. I show that with asymmetric costs, bank market shares are always inversely related to their efficiency, and that bank … are high when credit is granted in booms, when risk free rates are low, or when competition is strong. I prove that full …

Since the 1997-8 Asian financial crisis, the level of foreign bank penetration has increased steadily in Asian banking … consistent evidence that, on the whole, an increase in foreign bank penetration weakened the effectiveness of the monetary policy …

Since the 1997-8 Asian financial crisis, the level of foreign bank penetration has increased steadily in Asian banking … consistent evidence that on the whole, an increase in foreign bank penetration weakened the effectiveness of the monetary policy …

Markets Programme (SMP). Using detailed security holdings data at the bank level, we show that banks exposed to this …

of the central bank and other macroeconomic institutions. The average annual rate of growth in the net profits of the …

with respect to the efficacy of the bank lending channel. This paper summarizes the issues associated with isolating the … bank lending channel and determining the extent to which it is operational. Evidence on the effectiveness of the bank …

) relationship between the standard deviation (coefficient of variation) and the average in bank lending-rate markups. In a …. Normatively, under a given inflation target, welfare gains arise if a central bank can use additional liquidity-provision (or tax …

Bank (ECB) on the credit supply of the euro area banks. An empirical approach is used that permits distinction between the … that the TLTROs produce in the competition between banks in the loan and deposit markets and which also affect banks that … from 13 countries and their confidential replies to the ECB Bank Lending Survey, it is found that the TLTROs played a …

conventional and Islamic banks operate alongside each other. It also investigates the impact of bank competition on lending … does not depend on bank competition. In other words, the effectiveness of the lending transmission channel does not depend …This paper examines the effectiveness of the bank lending channel in a dual banking system in Malaysia, where both …