The Duration of Bank Retail Interest Rates BY Ben R Craig and Valeriya Dinger ppt

... increases with time. The most important determinants of the duration of retail interest rates are the cumulated change in the money market interest rates and the policy rate since the last retail ... Cleveland, or the Board of Governors of the Federal Reserve System. * Federal Reserve Bank of Cleveland and Deutsche Bundesbank ** Corresponding...

Ngày tải lên: 22/03/2014, 23:20

... quarterly changes in the net interest margin. For the second quarter through the fourth quarter of each year, we estimate actual income and expenses for the quarter by subtracting the previous ... consider the interest- rate sensitivity of net interest margin, we consider the net interest margin as a function of interest rates on assets and liabilities...

Ngày tải lên: 15/03/2014, 14:20

... banks pay lower rates to dollar deposits (i.e. lower funding rates) they are able to offer loans at lower rates (i.e. lower cost to borrowers). Therefore, banks with more dollar deposits provide ... foreign banks charge lower rates to loan and/ or offer higher rates to deposits. Unlike domestic banks, foreign bank lending rates do not affect their interest margin, and this...

Ngày tải lên: 22/03/2014, 17:20

... the centre of the cover-glasses of the fresh preparation and lower the microscope tube until the front lens of the objective has entered the oil drop. 12. Focus the bright spot referred to in ... with the emery paper, as scratches on the glass produce haziness in the preparation. 7. Deposit a large drop of immersion oil (or pure water) on the upper surfa...

Ngày tải lên: 16/02/2014, 22:20

... (1995) for the first period and Gambacorta (2005) for the second period. In the short run, lending rates adjust faster with rising interest rates and less markedly when interest rates are falling. ... OF THE TRIVARIATE MODEL IN REDUCED FORM Standard errors in brackets. The symbols ***, ** and * represent significance at the 1, 5 and 10 per cent level. Coef...

Ngày tải lên: 17/02/2014, 03:20

... on Bank Rates and Risk in the 1920s Arthur J. Rolnick Senior Vice President and Director of Research Federal Reserve Bank of Minneapolis For most of the last 50 years, to promote a safe banking ... be reprinted if the source is credited and the Research Department is provided with copies of reprints. The views expressed herein are those of the authors...

Ngày tải lên: 15/02/2014, 05:20

... behaviour and monetary policy in the EMU”, in Groningen and the ECB are greatly appreciated. WORKING PAPER NO. 72 BANK CONCENTRATION AND RETAIL INTEREST RATES BY SANDRINE CORVOISIER AND REINT GROPP 1 July ... clarified further in the following section of the paper. CONC represents the Herfindahl index for product i in country c and is our central variable of...

Ngày tải lên: 15/03/2014, 14:20

Ngày tải lên: 22/03/2014, 17:20

... (mainly credit to the housing and rural sectors) are excluded from the computation of the loan rate. Both interest rates are posted rates. By contrast, most of the literature makes use of reported ... illustrate the orders of magnitude of the bank interest rates found in different countries. We recognize that financial systems across the world are ve...

Ngày tải lên: 22/03/2014, 23:20

... that these perceptions represent the best available estimates of the unobservable variables from the perspective of the central bank. Similarly, we use the superscript e as a short-hand for the rational ... models. In these models changes in the nominal interest rate influence the real interest rate due to the presence of price rigidities; the real interest rat...

Ngày tải lên: 29/03/2014, 13:20