Widarjono, Agus; Rafik, Abdur - In: Cogent economics & finance 11 (2023) 1, pp. 1-17
This study examines whether conventional bank lending rates influence Islamic bank financing rates in Indonesia and Malaysia that apply the dual-banking system. We employ the ARDL, the non-linear ARDL (NARDL) model, and the Pooled Mean Group (PMG). Evidence of the long-run link between Islamic...