Phân tích tư tưởng của nhân dân qua đoạn thơ: Những người vợ nhớ chồng… Những cuộc đời đã hóa sông núi ta trong Đất nước của Nguyễn Khoa Điềm
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This study extends the existing empirical evidence, which suggests that the degree of bank competition may have a significant effect on both the level of bank rates and on the pass-through of market rates to bank interest rates. Understanding this pass-through mechanism is crucial for central banks. However, most studies that analyse the relationship between competition and banks’ pricing behaviour apply a concentration index such as the Herfindahl-Hirschman index (HHI) as a measure of competition. We question the suitability of such indices as measures to capture competition. Where the traditional interpretation is that concentration erodes competition, concentration and competition may...
Nội dung trích xuất từ tài liệu:
OCC BANK DERIVATIVES REPORT FOURTH QUARTER 2003
