Showing 1 - 10 of 5,562
The implementation of economic reforms under new economic policies in India was associated with a paradigmatic shift in monetary and fiscal policy. While monetary policies were solely aimed at "price stability" in the neoliberal regime, fiscal policies were characterized by the objective of...
Persistent link: https://www.econbiz.de/10010385761
On 4 March 2011, SUERF – The European Money and Finance Forum and the National Bank of Poland jointly organised a conference on the theme of: "Monetary Policy after the Crisis". Following a call for papers with a large number of submissions, the scientific committee selected 9 papers, which...
Persistent link: https://www.econbiz.de/10011710723
supervisory information on the repricing maturity profiles of Swiss banks and provides us with an individual measure of interest … of realized interest rate risk exposure weakening the bank's economic capital. Second, due to the banks' heterogeneity in … regions. Finally, bank lending seems to be mainly driven by capital rather than liquidity, suggesting that a higher …
Persistent link: https://www.econbiz.de/10011396762
This paper assesses the macroeconomic effects of unconventional monetary policies by estimating a panel VAR with monthly data from eight advanced economies over a sample spanning the period since the onset of the global finanancial crisis. It finds that an exogenous increase in central bank...
Persistent link: https://www.econbiz.de/10013065515
sample of 108 large international banks, our empirical analysis suggests that reductions in short-term interest rates are … for business and financial cycle conditions and different bank-specific characteristics such as liquidity, capitalisation …, funding costs, bank risk and income diversification. We find that the impact of low rates on the profitability of banks …
Persistent link: https://www.econbiz.de/10012962059
liquidity & interest rate discovery; (6) role of interest rates; (7) an optimal rate of interest: the natural rate …
Persistent link: https://www.econbiz.de/10013039791
interest rates; (3) composition of interest rates; (4) interest rate discovery; (5) bank liquidity & interest rate discovery …
Persistent link: https://www.econbiz.de/10013039796
The paper examines the bank lending activities of banks in a low interest rate environment. External financing of small … banking regulation. The panel estimation includes 706 banks from 15 Euro area member states and is conducted for the period …
Persistent link: https://www.econbiz.de/10012063954
high-deposit financed banks. Given the importance of relationship banking, the extended credit is granted mainly by smaller … banks and via existing credit relationships to firms and households. Banks lend more often to indebted customers and to …
Persistent link: https://www.econbiz.de/10013332415
) relationship of interest rates; (3) composition of interest rates; (4) interest rate discovery; (5) bank liquidity & interest rate …
Persistent link: https://www.econbiz.de/10013031321