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, meaning that the bank will apply a costly forecasting technology to predict next period's price level. Here, the banks accept …
Persistent link: https://www.econbiz.de/10012950716
theory. For a system of competing banks subject to stochastic spending decisions on the part of an interacting pool of … distribution for daily redemption demand at a representative bank. This leads to a generalized theorem involving nominal spending … discuss implications of this work for economic scenario generation in the context of portfolio theory and for the design of a …
Persistent link: https://www.econbiz.de/10013051647
One aim of post-crisis monetary policy has been to ease credit conditions for borrowers by unlocking bank lending. We … find that bank equity is an important determinant of both the bank's funding cost and its lending growth. In a cross …-country bank-level study, we find that a 1 percentage point increase in the equity-to-total assets ratio is associated with a 4 …
Persistent link: https://www.econbiz.de/10012995164
compress spreads, and thereby reduce bank profitability, deposit creation and output. Third, near the ZLB Phillips curves are …
Persistent link: https://www.econbiz.de/10012911878
The banking system is modeled in a closed system of financial accounts, whereby the equilibrium volume of bank … facility rate of the central bank. The model also allows understanding the link between this difference (the width of the … central bank standing facilities corridor) and the stance of monetary policy, and how this link changes during a financial …
Persistent link: https://www.econbiz.de/10008935835
The banking system is modeled in a closed system of financial accounts, whereby the equilibrium volume of bank … facility rate of the central bank. The model also allows understanding the link between this difference (the width of the … central bank standing facilities corridor) and the stance of monetary policy, and how this link changes during a financial …
Persistent link: https://www.econbiz.de/10013316060
banks submit in Term Deposit Facility operations, a Federal Reserve tool created to manage the quantity of bank reserves. We … term deposits qualify for the LCR. These results suggest that liquidity regulation affects bank demand in monetary policy …
Persistent link: https://www.econbiz.de/10011578907
banks submit in Term Deposit Facility operations, a Federal Reserve tool created to manage the quantity of central bank … banks when term deposits qualify for the LCR. These results suggest that liquidity regulation affects bank demand in …
Persistent link: https://www.econbiz.de/10012936122
We reconsider the design of welfare-optimal monetary policy when financing frictions impair the supply of bank credit …
Persistent link: https://www.econbiz.de/10013252039
This study examined the nexus between monetary policy and the achievement of a bank's profit objective. There have been … lots of arguments about the benefits of monetary policy implementation on deposit money bank's operations, since the … Liquidity Ratio, Interest and Money supply (M2), which are used as monetary policy instruments, on deposit money bank …
Persistent link: https://www.econbiz.de/10012549267