Showing 1 - 10 of 521
This study examined the nexus between monetary policy and the achievement of a bank's profit objective. There have been … Liquidity ratio, interest rates and M2 implementation to aid deposit money banks operations in the achievement of their profit …
Persistent link: https://www.econbiz.de/10012549267
Persistent link: https://www.econbiz.de/10010363754
In this paper, I examine whether Hyman P. Minsky adopted an endogenous money approach in his early work - at the time … that he was first developing his financial instability approach. In an earlier piece (Wray 1992), I closely examined Minsky …. However, I will devote most of the discussion here to unpublished early manuscripts in the Minsky archive (Minsky 1959, 1960 …
Persistent link: https://www.econbiz.de/10010462515
In New Keynesian as well as in Post Keynesian macroeconomic models, money supply is assumed to be endogenous. The reasons for the endogeneity and the role of the financial sector in the supply process, however, are seen very different. In this paper we explicitly derive the behaviour of the...
Persistent link: https://www.econbiz.de/10010266680
established to accumulate profit rather than to promote economic growth. Following a chronological order, the negative effects of …
Persistent link: https://www.econbiz.de/10013022582
The continuous regressions in the per capita income of the Sudanese people have triggered many suggestions to ameliorate their productive capabilities. One of them was the facilitations in financing programs through official channels. However, there are many structural impediments that inhibit...
Persistent link: https://www.econbiz.de/10013113879
.98%. This slow down percentage demonstrates the hypothesis of Ramadan effect, so the investors can gain profit if they follow …
Persistent link: https://www.econbiz.de/10013052608
established to accumulate profit rather than to promote economic growth. Following a chronological order, the negative effects of …
Persistent link: https://www.econbiz.de/10010520868
This paper discusses the role played by NY Fed economist Robert Roosa and Paul Samuelson in the emergence of the literature on credit rationing at the beginning of the 1950s. I argue that, contrary to the story one can find in the technical surveys, an intermediate step between Roosa and the...
Persistent link: https://www.econbiz.de/10011609898
We test the bank lending channel of monetary policy in Africa and examine the role of bank cost efficiency in this relationship. We use the stochastic metafrontier approach to estimate cost efficiency scores of 447 commercial banks in Africa. The Fixed Effect (FE) estimator is used as the...
Persistent link: https://www.econbiz.de/10013322709