Author: Miquel Faig i AumalléPublisher:
ISBN:
Category :
Languages : en
Pages : 35
Book Description
Implications of Banking Market Structure for Monetary Policy
Author: Miquel Faig i AumalléPublisher:
ISBN:
Category :
Languages : en
Pages : 35
Book Description
Implications of Banking Market Structure for Monetary Policy
Author: Miquel Faig-AumallePublisher:
ISBN:
Category :
Languages : en
Pages : 8
Book Description
This paper presents a survey of the analytical literature on bank behavior in imperfect markets, focusing on the implications for monetary policy. While the literature on bank behavior under different competitive conditions is extensive, there are only a few models that incorporate the banking industry features into a macroeconomic and monetary policy framework. A review of these models reveals that the effect of the competitive conditions in the banking markets for monetary control seems to depend not only on the type of operating targets and instruments used for implementing monetary policy, but also on the specific structure of the model.
The Federal Reserve System Purposes and Functions
Author: Board of Governors of the Federal Reserve SystemPublisher:
ISBN: 9780894991967
Category : Banks and Banking
Languages : en
Pages : 0
Book Description
Provides an in-depth overview of the Federal Reserve System, including information about monetary policy and the economy, the Federal Reserve in the international sphere, supervision and regulation, consumer and community affairs and services offered by Reserve Banks. Contains several appendixes, including a brief explanation of Federal Reserve regulations, a glossary of terms, and a list of additional publications.
Competition Policy for Modern Banks
Author: Mr.Lev RatnovskiPublisher: International Monetary Fund
ISBN: 1484366174
Category : Business & Economics
Languages : en
Pages : 20
Book Description
Traditional bank competition policy seeks to balance efficiency with incentives to take risk. The main tools are rules guiding entry/exit and consolidation of banks. This paper seeks to refine this view in light of recent changes to financial services provision. Modern banking is largely market-based and contestable. Consequently, banks in advanced economies today have structurally low charter values and high incentives to take risk. In such an environment, traditional policies that seek to affect the degree of competition by focusing on market structure (i.e. concentration) may have limited effect. We argue that bank competition policy should be reoriented to deal with the too-big-to-fail (TBTF) problem. It should also focus on the permissible scope of activities rather than on market structure of banks. And following a crisis, competition policy should facilitate resolution by temporarily allowing higher concentration and government control of banks.
The effects of financial liberalization and new bank entry on market structure and competition in turkey
Author: Cevdet DenizerPublisher: World Bank Publications
ISBN:
Category : Banks and banking
Languages : en
Pages : 60
Book Description
Banking Market Structure and Monetary Policy
Author: Luis Antonio AhumadaPublisher:
ISBN:
Category : Banking law
Languages : en
Pages : 404
Book Description
The Effects of Local Banking Market Structure on the Bank-lending Channel of Monetary Policy
Author: Robert M. AdamsThe Effect of Banking Market Structure Upon the Transmission of Monetary Policy
Author: Charles Earle StorrsPublisher:
ISBN:
Category : Federal Reserve banks
Languages : en
Pages : 270
Book Description
The Effects of Local Banking Market Structure on the Bank-lending Channel of Monetary Policy
Author: Robert M. AdamsThe Effects of Local Banking Market Structure on the Banking-lending Channel of Monetary Policy
Author: Robert M. AdamsPublisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 58
Book Description
"We study the relationship between banking competition and the transmission of monetary policy through the bank lending channel. Using business small loan origination data provided from the Community Reinvestment Act from 1996-2002 in our analysis, we are able to reaffirm the existence of the bank lending channel of monetary transmission. Moreover, we find that the impact of monetary policy on loan originations is weaker in more concentrated markets"--Abstract.