Showing 1 - 10 of 4,172
Persistent link: https://www.econbiz.de/10002513746
Demonetization drive of Nov. 8, 2016 led to nullification of 86% of India's currency that was in circulation. It was … fortifying economic Governance in India post-demonetization, through sample survey technique. A Questionnaire was administered to …
Persistent link: https://www.econbiz.de/10012954704
This paper analyses the interest rate pass-through for five economies of the Caucasus - Armenia, Azerbaijan, Georgia, Kazakhstan, and Russia. Employing an autoregressive distributed lag (ARDL) specification to monthly data, we find that the interest rate pass-through is systematically incomplete...
Persistent link: https://www.econbiz.de/10009709439
This paper analyses the interest rate pass-through for five economies of the Caucasus – Armenia, Azerbaijan, Georgia, Kazakhstan, and Russia. Employing an autoregressive distributed lag (ARDL) specification to monthly data, we find that the interest rate pass-through is systematically...
Persistent link: https://www.econbiz.de/10013085758
By using bank-level data pertaining to the period of the Showa Depression in Japan, we examine whether banking panics … caused solvent banks to close down and fail. We find that bank fundamentals were weakly related to the failures during the … panics. This result implies that the confusion on the part of depositors regarding bank asset quality was not negligible …
Persistent link: https://www.econbiz.de/10013150880
Indonesia fielded shocks due to the Asian financial crisis (AFC) and the global financial crisis (GFC) quite differently. Financial contagion, policy misdirection, panic and political upheaval saw the AFC bring economic collapse. The decade-later GFC, however, brought real growth of 6.1% (2008)...
Persistent link: https://www.econbiz.de/10013004674
This paper analyses the interest rate pass-through for five economies of the Caucasus – Armenia, Azerbaijan, Georgia, Kazakhstan, and Russia. Employing an auto-regressive distributed lag (ARDL) specification to monthly data, we find that the interest rate pass-through is systematically...
Persistent link: https://www.econbiz.de/10012857000
The purpose of this paper is to explore determinants of bank bailouts by the Bank of Japan in response to the panic of … borrowing in the call market affected the likelihood that ordinary banks acquired liquidity support. The results show the Bank … higher closure risk and more deposits. Bank bailouts after the panic of 1927 was to practice the “too-big-to-fail” doctrine …
Persistent link: https://www.econbiz.de/10012925655
The Bank of Japan has used unconventional monetary policies to fight deflation and stabilize the financial system since … the late 1990s. While the Bank of Japan's reflation efforts have evolved over time, inflation and inflation expectations … order to draw relevant lessons and propose ways to strengthen the Bank of Japan's policy framework. In doing so the analysis …
Persistent link: https://www.econbiz.de/10013252055
This paper explores the relationship between innovations in payment systems and financial intermediation. By focusing on excess reserves and the currency demand, we provide evidence on the extant transmission mechanism. In this direction, we applied the generalized method of moments (GMM) and...
Persistent link: https://www.econbiz.de/10012037819