Karmelavičius, Jaunius; Mikaliūnaitė-Jouvanceau, Ieva; … - In: Baltic journal of economics 23 (2023) 2, pp. 162-199
stark contrast, Lithuania's bank lending rates increased. Although the rates dropped slightly around the onset of the …'s banking industry, we build an empirical model that exploits lending rate variation across banks, time and lending segments …, and maps it to different drivers of pricing. We find that the recent changes in lending rates can be attributed to average …