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Using panel data methodology, the study employs dataset of 752 microfinance banks (MFBs) during the period 2011 to 2014 …
Persistent link: https://www.econbiz.de/10013348345
interest margin (NIM) and its components, retail lending and retail deposit rates. Using two proprietary bank-level data sets …
Persistent link: https://www.econbiz.de/10012179680
Our study extends the traditional pass-through literature by incorporating an error correction mechanism that is based on cointegration analyses allowing for structural breaks and symmetric as well as for a variety of asymmetric adjustment mechanisms. While some results of earlier pass-through...
Persistent link: https://www.econbiz.de/10014128699
commercial bank lending rates by allowing for the existence of and possible changes in a long-run equilibrium relationship …
Persistent link: https://www.econbiz.de/10014122856
heterogeneity in price-setting behaviour should be accounted for in analysing the pass-through. Fourth, we analyse bank …
Persistent link: https://www.econbiz.de/10011506569
legacy of a debt overhang that dramatically constrained bank lending and served as a drag on economic growth in the post …-crisis period. We quantitatively study the determinants of loan losses in static and dynamic panel models with a focus on the … linkages between the macro-financial vulnerabilities and a wide range of bank specific variables in 20 emerging European …
Persistent link: https://www.econbiz.de/10010461392
An entrepreneur chooses a relationship bank or market finance. The advantage of bank finance is that the quality of the … that the bank continues inefficient projects, i.e., zombie lending occurs. In the short run - for a given contract - a drop … in the market interest rate increases zombification. The bank adapts the contract to this drop in the long run, and …
Persistent link: https://www.econbiz.de/10013041381
On December 16th of 2015, the Fed initiated "liftoff," raising the federal funds rate range by 25 basis points and ending a 7-year regime of near-zero rates. We use a unique dataset of 640,000 loan-hour observations to measure the impact of liftoff on interest rates in the peer-to-peer lending...
Persistent link: https://www.econbiz.de/10011457389
in-depth analysis of the relationship between NIRP and bank-lending behavior. To achieve this, we employ a large panel … that banks located in countries affected by negative interest rates have adjusted their bank-lending behavior by increasing …
Persistent link: https://www.econbiz.de/10013221550
In June 2014 the ECB became the first major central bank to lower one of its key policy rates to negative territory … by using individual bank data for the euro area to identify possible adjustments by banks triggered by the introduction … of negative interest rates through three channels: government bond holdings, bank lending, and wholesale funding. We find …
Persistent link: https://www.econbiz.de/10011635511