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) 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
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
Much concern has recently been expressed that both large, procyclical changes in bank assets and "credit crunches …" caused by bank reluctance to expand loans during recessions contribute to economic instability. These effects are difficult …
Persistent link: https://www.econbiz.de/10014094584
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
) and Hosono (2006), this paper uses bank-level data from 2000 to 2009 to examine the effectiveness in promoting bank … lending of a key element of QEP, the Bank of Japan's injections of liquidity into the interbank market. We identify a robust …, positive, and statistically significant effect of bank liquidity positions on lending, suggesting that the expansion of …
Persistent link: https://www.econbiz.de/10013122198
of bank lending. The analysis proposes a setup that allows testing for structural shifts in the bank lending equation … may not translate into greater credit supply until bank balance sheets are sufficiently strengthened …
Persistent link: https://www.econbiz.de/10013081438
of bank lending. The analysis proposes a setup that allows testing for structural shifts in the bank lending equation … may not translate into greater credit supply until bank balance sheets are sufficiently strengthened …
Persistent link: https://www.econbiz.de/10013067136
Recent studies of monetary policy in developing countries document a weak bank lending channel based on aggregate data …, volumes and rates, coupled with unanticipated variation in monetary policy. We show that a monetary contraction reduces bank …
Persistent link: https://www.econbiz.de/10012901740
Business cycles imply liquidity risks for banks. This paper explores how these risks influence bank lending over the … cycle. With forward-looking banks, lending cycles, credit booms and busts, or suppressed and highly fragile bank systems can … unpleasant effects on bank lending. Imposing countercyclical capital adequacy ratio may amplify procyclicality or result in …
Persistent link: https://www.econbiz.de/10010341626