Interest on Excess Reserves as a Monetary Policy Instrument: The Experience of Foreign Central Banks
Số trang: 49
Loại file: pdf
Dung lượng: 741.04 KB
Lượt xem: 12
Lượt tải: 0
Xem trước 5 trang đầu tiên của tài liệu này:
Thông tin tài liệu:
As the Basel Committee on Banking Supervision has pointed out, it has become
increasingly important to look beyond the traditional earnings and economic
value effects and assess indirect interest rate effects as well. Taking a broader
view of the potential earnings impact of changing interest rates, banks also
need to take into consideration the growing share of (interest-sensitive) fee-
based fi nancial services (loan servicing, asset securitization programs, pay-
ments etc.). Further indirect effects stem from in the evolution of the balance
sheet (structural effects) and from the downgrading of borrowers (credit rating
effect). As a case in point, portfolio shifts...
Nội dung trích xuất từ tài liệu:
Interest on Excess Reserves as a Monetary Policy Instrument: The Experience of Foreign Central Banks
Nội dung trích xuất từ tài liệu:
Interest on Excess Reserves as a Monetary Policy Instrument: The Experience of Foreign Central Banks
Tìm kiếm theo từ khóa liên quan:
Gram-Negative Pathogenic Bacteria Antibiotics and Probiotics Abuse and Alternatives Shrimp Farming Aquaculture – BenefitsGợi ý tài liệu liên quan:
-
Mutual funds withdraw shield: performance or agency costs driver?
5 trang 24 0 0 -
8 trang 21 0 0
-
CAL POLY UNIVERSITY HOUSING APARTMENT GUIDE
15 trang 19 0 0 -
INTEREST RATE SWAPS: RISK AND REGULATION
11 trang 19 0 0 -
EU Funds 2013 - Transition to the next programming period 2014-2020
18 trang 19 0 0 -
Employers' Benefits From Workers' Health Insurance
39 trang 18 0 0 -
Three Lectures by Warren Buffett to Notre Dame Faculty, MBA Students and Undergraduate Students
48 trang 16 0 0 -
Evaluation of antibacterial effects of bile salt on pathogenic bacteria - An in vitro study
7 trang 16 0 0 -
Guidance to assist organisers of Small Events
27 trang 15 0 0 -
Market Returns and Mutual Fund Flows
20 trang 14 0 0