Monetary policy transmission and bank lending channel in Vietnam

... Which channels of interest rate channel, exchange rate channel and asset price channel exist in Vietnam? Does bank lending channel exist in Vietnam? And bank size, bank capital, bank liquidity, bank ... Table 4.18 The impacts of the 2008 global financial crisis on bank lending channel in Vietnam Bank lending channel Bank lending channel Bank...

Ngày tải lên: 06/11/2016, 13:41

... translated into bank credit, the chief motivation of our study By effectively constraining new bank lending, a continued weakness in the banking sector following the crisis, tended to offset the impact ... amount of credit supply In other words, after monetary easing, banks’ net worth could increase, causing a decline in the EFP With lower cost of funds, banks are more willin...

Ngày tải lên: 18/06/2016, 20:30

... not been effective in China’s monetary policy transmission as in developed economies Researches on credit channel in China’s monetary policy transmission have been conducted since 2000 (see Wang ... Their findings support the existence of bank lending channel Mello and Pisu (2009) conducted a study to test for the existence of a bank lending channel in the trans...

Ngày tải lên: 18/06/2016, 20:56

... leverage, and deposit rates on bank risk taking Several papers (e.g., Matutes and Vives, 2000, Hellmann, Murdoch, and Stiglitz, 2000, Cordella and Levy-Yeyati, 2000, Repullo, 2004, and Boyd and ... relationship between monetary conditions and leverage, and the tendency for banks to load up on risk during extended periods of loose monetary policy While our treatment o...

Ngày tải lên: 22/03/2014, 23:20

... for the bank lending channel in Sri Lanka The growth of the non-banking financial sector such as the emergence of non -bank financial institutions, unit trusts, insurance companies, the growth of ... weakening the bank lending channel Therefore, given the rapid changes in the financial sector and the relative importance of banks as a source of fund...

Ngày tải lên: 18/06/2016, 20:57

... Working Paper #4317 April 1993 MONETARY POLICY AND BANK LENDING ABSTRACT This paper surveys recent work that relates to the "lending" view of monetary policy transmission It has three main ... in the demand for bank loans rather than the supply of bank loans (as required by Cl) That is, bank loans and inventories might move together because banks always stand willing to...

Ngày tải lên: 06/09/2013, 05:46

... Interest rate setting by universal banks and the transmission mechanism in the euro area Introduction The level of interest rates is one of the main determinants of savings and investment ... market interest rates with a comparable maturity Interest rate setting by universal banks and the transmission mechanism in the euro area...

Ngày tải lên: 15/03/2014, 02:20

... Market Interest Rates We begin by examining the linkages between wholesale market interest rates and the Bank of Ghana policy interest rate (the prime rate) When the transmission from the policy interest ... 12 Regarding the interbank interest rate, equation (2c), the model establishes a link between the policy interest rate and the interbank market...

Ngày tải lên: 15/03/2014, 14:20

... calculations Linking the Bank Lending Channel and the Disequilibrium Loan Market Analysis We assumed in our theoretical model of the bank lending channel that the loan interest rate is perfectly ... by the policymaker as a good indicator of attenuation and amplication effects of the bank lending channel Our analysis indicates that the b...

Ngày tải lên: 22/03/2014, 23:20

... interest rate channel and credit channel, works in India, as in other six EMEs considered by them Evolution of Monetary Policy Operating Framework in India In India, as in most countries, monetary policy ... of output, inflation, money and credit (ii) Monetary Policy Impact on Inflation The impulse response functions imply that increase in policy in...

Ngày tải lên: 29/03/2014, 13:20

... permission of the copyright owner Further reproduction prohibited without permission Reproduced with permission of the copyright owner Further reproduction prohibited without permission Reproduced ... permission of the copyright owner Further reproduction prohibited without permission Reproduced with permission of the copyright owner Further reproduction prohibited without permission Repr...

Ngày tải lên: 01/06/2014, 14:00

... explaining the interbank rate Subsequently, the interbank rate is significant in explaining the deposit rate, and the deposit rate is significant in explaining the loan rate This finding implies that the ... rates following the 25-bp increase of BI rate in the year 2005-2014 There are 12 episodes of 25-bp BI rate increase in the year 20052014 The lines in the g...

Ngày tải lên: 18/06/2016, 20:38

... The Price Stability Goal and the Nominal Anchor • Over the past few decades, policy makers throughout the world have become increasingly aware of the social and economic costs of inflation and ... All rights reserved Other Goals of Monetary Policy • Five other goals are continually mentioned by central bank officials when they discuss the objectives of monetary...

Ngày tải lên: 15/11/2013, 20:27

... city banks, regional banks and member banks of the Second Association of Regional Banks (also called Tier II regional banks), long-term credit banks, trust banks and other City banks are major banks ... the sum of “cash and due from banks” and “call loans” under “Assets” on banks’ balance sheets Due from banks include both banks’ reserves at the BOJ and banks’ deposits with othe...

Ngày tải lên: 16/02/2014, 11:20