Showing 1 - 10 of 5,398
) 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 …
Persistent link: https://www.econbiz.de/10013169196
short run, FinTech competition induces negative deposit demand shocks and crowds out bank deposits. In response, banks more …
Persistent link: https://www.econbiz.de/10014257662
I study the impact of banking market concentration and wholesale funding reliance on the transmission of monetary policy shocks to mortgage rates. I empirically demonstrate that in the United States, banks with higher reliance on wholesale funding in concentrated (competitive) deposit markets...
Persistent link: https://www.econbiz.de/10014293351
Bank market power, both in the loan and deposit market, has important implications for credit provision and for … identifies relevant channels that deserve further analysis, especially given the rising importance of bank market power for …
Persistent link: https://www.econbiz.de/10014484222
This paper examines the effectiveness of the bank lending channel in a dual banking system in Malaysia, where both … conventional and Islamic banks operate alongside each other. It also investigates the impact of bank competition on lending … ineffectiveness of the bank lending channel. Further, the empirical results suggest that the impact of monetary policy on bank lending …
Persistent link: https://www.econbiz.de/10012176543
This paper provides both theoretical and empirical analyses of the differences between BigTech lenders and traditional banks in response to monetary policy changes. Our model integrates Knightian uncertainty into portfolio selection and posits that BigTech lenders possess a diminishing...
Persistent link: https://www.econbiz.de/10014517651
One of the main channels through which monetary policy stimulus affects the real economy is mortgage borrowing. This channel, however, is weakened by frictions in the mortgage market. The rapid growth of financial technology-based (FinTech) lending tends to ease these frictions, given the higher...
Persistent link: https://www.econbiz.de/10013295155
One of the main channels through which monetary policy stimulus affects the real economy is mortgage borrowing. This channel, however, is weakened by frictions in the mortgage market. The rapid growth of financial technology-based (FinTech) lending tends to ease these frictions, given the higher...
Persistent link: https://www.econbiz.de/10013307743
This paper studies whether and how banks’ technological innovations affect the bank lending channel of monetary policy … construct a patent-based measurement of bank-level technological innovation, which can specify the nature of technology and tell … whether it is related to the bank’s lending business. We find that lending-related innovations significantly strengthen the …
Persistent link: https://www.econbiz.de/10014429944
This paper studies whether and how banks' technological innovations affect the bank lending channel of monetary policy … construct a patent-based measurement of bank-level technological innovation, which can specify the nature of technology and tell … whether it is related to the bank's lending business. We find that lending-related innovations significantly strengthen the …
Persistent link: https://www.econbiz.de/10014443832