Download Any Book Determinants of Interest Rate Pass-Through
Determinants of Interest Rate Pass-Through High quality books
Determinants of Interest Rate Pass-Through
By:Mr. Nikoloz Gigineishvili
Published on 2011-07-01 by International Monetary Fund

Numerous empirical studies have found that the strength of the interest rate pass-through varies markedly across countries and markets. The causes of such heterogeneity have attracted considerably less attention so far. Unlike other studies that mainly focus on small groups of mostly developed and emerging markets in the same region, this paper expands the cross-sectional coverage to 70 countries from all regions, including low income, emerging and developed countries. It uses a wide range of macroeconomic and financial market structure variables to uncover structural determinants of pass-through. The paper finds that per capita GDP and inflation have positive effects on pass-through, while market volatility has a negative effect. Among financial market variables exchange rate flexibility, credit quality, overhead costs, and banking competition were found to strengthen pass-through, whereas excess banking liquidity to impede it.
This Book was ranked at 29 by Google Books for keyword Credit channel.
Book ID of Determinants of Interest Rate Pass-Through's Books is uJXZ9TOnl9gC, Book which was written byMr. Nikoloz Gigineishvilihave ETAG "yRItUIR+UbM"
Book which was published by International Monetary Fund since 2011-07-01 have ISBNs, ISBN 13 Code is 9781462393022 and ISBN 10 Code is 1462393020
Reading Mode in Text Status is false and Reading Mode in Image Status is true
Book which have "19 Pages" is Printed at BOOK under CategoryBusiness and Economics
This Book was rated by Raters and have average rate at ""
This eBook Maturity (Adult Book) status is NOT_MATURE
Book was written in en
eBook Version Availability Status at PDF is true and in ePub is false

Book Preview

Comments
Post a Comment