The paper postulates that in an environment of continuous financial reforms, the lending rate stickiness in an economy could be changing over the period. The financial reforms (of which deregulation of interest rates formed a major part) during the 1990s and the early 2000s and the changing role...

Measurement of Gross Value Added (GVA) in the banking sector is still a debatable and unresolved issue. Current proposals for measuring GVA are the following: SNA93's FISIM approach; user cost of money approach promoted by a set of researchers led by Barnett (1978) and Fixler (1993); margin...