Matches in SemOpenAlex for { <https://semopenalex.org/work/W3124095833> ?p ?o ?g. }
Showing items 1 to 69 of
69
with 100 items per page.
- W3124095833 abstract "This paper examines the implications of banking competition for the interest rate channel in the Eurozone over the period 2003-2010. Using an Error Correction Model (ECM) approach to measure the long-run and short-run relationships between money market rates, bank interest rates, and our competition proxy, namely, the Lerner index. We find that competition (i) reduces the bank lending interest rates, (ii) increases the long-term interest pass-through and (iii) speeds up the adjustment towards the long-run equilibrium in the short-run. Therefore, increased competition would improve the effectiveness of monetary policy transmission through the interest rate channel, and from this point of view should be fostered in the Eurozone. Because the 2007-2009 financial crisis has undoubtedly led to a modification of the monetary policy and an increase of the heterogeneity in the Eurozone, we control and extend our results by considering many other aspects than the market structures that can affect the interest rate pass-through. Even if we observe that other factors (economic heterogeneity, systemic risk, banking stability, and capitalization) matter for monetary policy transmission, bank competition remains a key determinant of the pass-through." @default.
- W3124095833 created "2021-02-01" @default.
- W3124095833 creator A5047293713 @default.
- W3124095833 creator A5070856470 @default.
- W3124095833 date "2014-01-01" @default.
- W3124095833 modified "2023-09-25" @default.
- W3124095833 title "Heterogeneous monetary transmission process in the Eurozone: Does banking competition matter?" @default.
- W3124095833 hasPublicationYear "2014" @default.
- W3124095833 type Work @default.
- W3124095833 sameAs 3124095833 @default.
- W3124095833 citedByCount "0" @default.
- W3124095833 crossrefType "posted-content" @default.
- W3124095833 hasAuthorship W3124095833A5047293713 @default.
- W3124095833 hasAuthorship W3124095833A5070856470 @default.
- W3124095833 hasConcept C119857082 @default.
- W3124095833 hasConcept C126285488 @default.
- W3124095833 hasConcept C138885662 @default.
- W3124095833 hasConcept C162324750 @default.
- W3124095833 hasConcept C175025494 @default.
- W3124095833 hasConcept C18903297 @default.
- W3124095833 hasConcept C23952128 @default.
- W3124095833 hasConcept C2779137862 @default.
- W3124095833 hasConcept C2780148112 @default.
- W3124095833 hasConcept C41008148 @default.
- W3124095833 hasConcept C41895202 @default.
- W3124095833 hasConcept C556758197 @default.
- W3124095833 hasConcept C86803240 @default.
- W3124095833 hasConcept C91306197 @default.
- W3124095833 hasConceptScore W3124095833C119857082 @default.
- W3124095833 hasConceptScore W3124095833C126285488 @default.
- W3124095833 hasConceptScore W3124095833C138885662 @default.
- W3124095833 hasConceptScore W3124095833C162324750 @default.
- W3124095833 hasConceptScore W3124095833C175025494 @default.
- W3124095833 hasConceptScore W3124095833C18903297 @default.
- W3124095833 hasConceptScore W3124095833C23952128 @default.
- W3124095833 hasConceptScore W3124095833C2779137862 @default.
- W3124095833 hasConceptScore W3124095833C2780148112 @default.
- W3124095833 hasConceptScore W3124095833C41008148 @default.
- W3124095833 hasConceptScore W3124095833C41895202 @default.
- W3124095833 hasConceptScore W3124095833C556758197 @default.
- W3124095833 hasConceptScore W3124095833C86803240 @default.
- W3124095833 hasConceptScore W3124095833C91306197 @default.
- W3124095833 hasLocation W31240958331 @default.
- W3124095833 hasOpenAccess W3124095833 @default.
- W3124095833 hasPrimaryLocation W31240958331 @default.
- W3124095833 hasRelatedWork W1488996227 @default.
- W3124095833 hasRelatedWork W1493657587 @default.
- W3124095833 hasRelatedWork W1536352872 @default.
- W3124095833 hasRelatedWork W1595577718 @default.
- W3124095833 hasRelatedWork W1979859847 @default.
- W3124095833 hasRelatedWork W2122984233 @default.
- W3124095833 hasRelatedWork W2180164850 @default.
- W3124095833 hasRelatedWork W232586299 @default.
- W3124095833 hasRelatedWork W2774604438 @default.
- W3124095833 hasRelatedWork W2792444017 @default.
- W3124095833 hasRelatedWork W2921636992 @default.
- W3124095833 hasRelatedWork W2976996215 @default.
- W3124095833 hasRelatedWork W3049243617 @default.
- W3124095833 hasRelatedWork W3081689813 @default.
- W3124095833 hasRelatedWork W3108946201 @default.
- W3124095833 hasRelatedWork W3122144472 @default.
- W3124095833 hasRelatedWork W3125184716 @default.
- W3124095833 hasRelatedWork W3126045829 @default.
- W3124095833 hasRelatedWork W3154498730 @default.
- W3124095833 hasRelatedWork W3208856142 @default.
- W3124095833 isParatext "false" @default.
- W3124095833 isRetracted "false" @default.
- W3124095833 magId "3124095833" @default.
- W3124095833 workType "article" @default.