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Financial crisis devastating consequences and effects started in 2008, lead to several reactions coming from the most …
Persistent link: https://www.econbiz.de/10011085427
In this paper, I review some selected literature about or related to the monetary neutrality and show that specific aspects of the monetary (non-)neutrality are actually derived from the underlying welfare consideration and thus their validity or desirability depend on the current state and way...
Persistent link: https://www.econbiz.de/10012831037
positively affected by economic activity, inflation and the COVID-19 pandemic crisis while mobile money customer balances …
Persistent link: https://www.econbiz.de/10012505029
The Lehman Brothers failure stressed global interbank and foreign exchange markets because it led to a run on money market funds, the largest suppliers of dollar funding to non-US banks. Policy stopped the run and replaced private with public funding
Persistent link: https://www.econbiz.de/10014200290
, particularly during different crisis type periods and origins. Foreign state-controlled banks' loan growth rates are higher than … credit growth during a home banking crisis, while foreign private-owned banks increase lending in the host countries … structure during the global financial crisis of 2008 and gain in importance in the post-crisis period. …
Persistent link: https://www.econbiz.de/10013193442
plays an essential role in the growth and development of the country. This paper analyses the financial performance, the …
Persistent link: https://www.econbiz.de/10011278435
Many emerging markets have undertaken significant financial sector reforms especially in their banking sectors that have been quite critical for both financial development and real economic activity. In this paper, we investigate the success of banking reforms in India where significant banking...
Persistent link: https://www.econbiz.de/10011493763
incorporating the possibility of a credit boom precipitating a financial crisis and a loss function reflecting financial stability …
Persistent link: https://www.econbiz.de/10012009108
We document that there are strong complementarities between monetary policy and macroprudential policy in shaping the evolution of bank credit. We use a unique loanlevel dataset comprising multiple credit registers from several European countries and different types of loans, including corporate...
Persistent link: https://www.econbiz.de/10012390482
From the onset of the 2007-2009 crisis, the Federal Reserve and the European Central Bank have aggressively lowered … interest rates. Both sets of changes are at odds with an anti-inflationary stance of monetary policy; indeed, as the crisis … Taylor rules for our economy that are consistent with a strong pro-inflationary reaction during financial crisis while …
Persistent link: https://www.econbiz.de/10011605268