WORKING PAPER NO 72 BANK CONCENTRATION AND RETAIL INTEREST RATES pptx

... SERIES EC B EZ B EK T B C E EK P WORKING PAPER NO. 72 BANK CONCENTRATION AND RETAIL INTEREST RATES BY SANDRINE CORVOISIER AND REINT GROPP July 2001 ECB • Working Paper No 72 • July 2001 19 FRHIILFLHQW ... are greatly appreciated. WORKING PAPER NO. 72 BANK CONCENTRATION AND RETAIL INTEREST RATES BY SANDRINE CORVOISIER AND REINT GROPP 1 July...

Ngày tải lên: 15/03/2014, 14:20

... Working Paper No 40 l November 2000 28 Table 1a Stylised facts on the link between money market rates and bank deposit rates Table 1b Stylised facts on the link between money market rates and ... MMR to the bank retail interest rates over the sample sub-periods Sources: Author's computation on the basis of retail bank rates published by national central...

Ngày tải lên: 15/03/2014, 14:20

... max ⎡ ⎣ ( β 2 +2αϕ ) αϕ(1+λ 1 +β) − ( 1+λ 1 −β 2 ) α(1+λ 1 +β) γ x 4(2β+1)αϕ− ( 2β 2 −1 ) (2β+1)(1+2λ 1 )αϕ − ( 1−2β 2 ) (1+2β)α γ x ⎤ ⎦ ⎫ ⎬ ⎭ Central Bank interest rate path communication WORKING PAPER No. 72 21 3 Figure 1 compares the regions of E-stability in the (γ x , γ π ) space under no an- nouncement and under announcement of the interest ... policy path and the infl...

Ngày tải lên: 22/03/2014, 23:20

... Structure and Competition among Retail Depository Institutions,” working paper. Corvoisier, Sandrine and Reint Gropp, 2002, Bank Concentration and Retail Interest Rates, ” Journal of Banking and ... Banking Market Conditions and Deposit Interest Rates I. Introduction This paper addresses the relationship between conditions in local banking markets and the...

Ngày tải lên: 22/03/2014, 23:20

... star. Working Paper No. 400 Liquidity-saving mechanisms and bank behaviour Marco Galbiati and Kimmo Soramäki July 2010 Working Paper No. 400 July 2010 19 Figure 6: Equilibria and planner’s ... This paper was finalised on 11 May 2010. The Bank of England’s working paper series is externally refereed. Information on the Bank s working paper series can be fou...

Ngày tải lên: 15/03/2014, 10:20

... relationships exist between retail bank interest rates and market interest rates, and most bank interest rates fully adjust to changes in market interest rates in the long term. {Table 2} ... demand for retail bank products with respect to bank interest rates and/ or declining switching and asymmetric information costs. ECB • Working Paper No...

Ngày tải lên: 15/03/2014, 14:20

... month. ECB • Working Paper No 192 • November 2002 18 EUROPEAN CENTRAL BANK WORKING PAPER SERIES ECB EZB EKT BCE EKP WORKING PAPER NO. 192 IS THE EUROPEAN CENTRAL BANK (AND THE UNITED STATES FEDERAL ... NBER working paper 7847 Hardy, D., 1998, Anticipation and surprises in central bank interest rate policy: the case of the Bundesbank, IMF working paper No...

Ngày tải lên: 15/03/2014, 14:20

... WORKING PAPER NO. 08-5 CENTRAL BANK INSTITUTIONAL STRUCTURE AND EFFECTIVE CENTRAL BANKING: CROSS-COUNTRY EMPIRICAL EVIDENCE Iftekhar Hasan Rensselaer Polytechnic Institute and Bank ... transition economies, central banks with larger boards, fewer outside directors, and longer governor terms have higher variability. But higher turnover among the governors and more c...

Ngày tải lên: 29/03/2014, 07:20

...   34 WORKING PAPER NO 13 CREDIT RISK TRANSFER AND FINANCIAL SECTOR PERFORMANCE Wolf Wagner & Ian Marsh The Working Paper is intended as a ... thoughts and findings may be communicated to interested readers for their comments. The paper should be considered preliminary in nature and may require substantial revision. Accordi...

Ngày tải lên: 06/03/2014, 08:20

... COENEN AND VOLKER WIELAND MARCH 2003 EUROPEAN CENTRAL BANK WORKING PAPER SERIES * ECB • Working Paper No 218 • March 2003 29 gaps under the linear and nonlinar rules for the Marshallian k, denoted ... short-term in nature. We follow Orphanides and Wieland (2000) and calibrate λ k so that it is small enough not to be noticeable in times of non-zero interest rates and...

Ngày tải lên: 22/03/2014, 23:20