Tài liệu BANK LENDING AND INTEREST- RATE DERIVATIVES pdf

... of derivative instruments, in particular interest -rate options, interest -rate futures, and interest -rate forwards, is associated with higher growth rates in C&I loans. 5. Robustness Check ... and James T. Moser, 2000, Interest -rate derivatives and bank lending, Journal of Banking & Finance 24, 353-379. Brewer, Elijah, III, William E. Jackson III, and James T....

Ngày tải lên: 17/02/2014, 03:20

... market and banking rates is the ratio between deposits and total funding (RETAIL), including deposits, bonds and interbank borrowing. Banks which use relatively more bonds and interbank debt ... Keywords: bank interest rate setting, lending relationship, bank lending channel, financial crisis. 18 the number of banks lending to a given firm: the lower the number of...

Ngày tải lên: 17/02/2014, 03:20

Ngày tải lên: 15/03/2014, 14:20

... is biased towards the small and medium-sized savings and cooperative banks. In December 2009, savings banks and cooperative banks accounted for 22.2% and 59.7% of all banks in Germany, respectively. For ... the results for the median bank and we break down the results into banking groups and years. Over the whole period 2005-2009 and over all banking groups, the median bank...

Ngày tải lên: 16/02/2014, 06:20

... loan rate. 10 To control for possible bank- specific and market effects, we include proxies for the rate of change in the bank s total assets, ∆LnAssets, and for the rate of change in the bank s ... examines the average loan and deposit rates of six Canadian banks and finds asymmetric rate setting for the average new car loan rate and the average savings deposit rate,...

Ngày tải lên: 16/02/2014, 10:20

... multimarket banking is closely related to that strand which concentrates on the interaction between bank size and the way banks compete. In a seminal paper, Stein (2002) argues that large and small banks ... mergers and the dynamics of deposit interest rates Ben R. Craig (Deutsche Bundesbank and Federal Reserve Bank of Cleveland) Valeriya Dinger (University of Bonn) Discussion P...

Ngày tải lên: 17/02/2014, 03:20

... the early 1980s and similarly to Fin- land, have remained consistently too low since 1999. In Switzerland and the US, rates were generally too low in the late 1980s and early 1990s and again from ... the rate deviation. For Ireland, the length and the extent of the deviation from Taylor-implied rates together account for around 80% of housing overvaluation. For Finland and the N...

Ngày tải lên: 17/02/2014, 03:20

... interest rate and the cap rate. Interest rate floor OTC option that pays the difference between the floor rate and a floating interest rate. Interest rate collar Combination of cap and floor. ... Morgan Stanley Royal Bank of Scotland Skandinaviska Enskilda Banken Societe Generale Standard Chartered Bank State Street Bank & Trust Company Sumitomo Mits...

Ngày tải lên: 06/03/2014, 02:21

... Financial and Quantitative Analysis 23, 231–235. Angbazo, L. (1997), Commercial bank net interest margins, default risk, interest -rate risk, and off-balance sheet banking, Journal of Banking and Finance ... S. and R. Gropp (2002), Bank concentration and retail interest rates, Journal of Banking and Finance 26, 2155–2189. Demirg ¨ u¸c-Kunt, A. and H. Huizinga (1999), Determi...

Ngày tải lên: 06/03/2014, 14:20

Ngày tải lên: 30/03/2014, 01:20