A Theoretical and Empirical Analysis of Interest rate pass-through in India with Regulatory Requirements

dc.contributor.authorAnsari, Jugnu
dc.date.accessioned2015-01-22T11:12:21Z
dc.date.available2015-01-22T11:12:21Z
dc.date.issued2013
dc.departmentİstanbul Beykent Üniversitesien_US
dc.description.abstractThis study provides a theoretical and empirical analysis of optimal loan pricing by the commercial banks in a regulated environment that could relate to some developing and emerging market economies. Regulatory requirements could impinge on banks’ balance sheet and thus, influence their optimal loan pricing response to the policy rate. In such a situation, for an effective transmission mechanism through the interest rate channel, a calibrated approach may be required; changes in the policy rate to be accompanied by changes in the regulatory parameters to achieve desired changes in the banks’ lending rate. Theoretical analysis brought to the fore various critical insights. Three major insights are as follows. First, there can be a trade-off between regulation and effectiveness of transmission mechanism and competitiveness of the loan market. Second, theoretically it is possible for banks to engage in subsidisation of loans against investment in risk free government securities. Third, the capital market could be linked to monetary transmission mechanism if banks were subject to a required return on their capital base. These theoretical perspectives have implications for bank regulation and policy purposes.en_US
dc.identifier.citationBeykent University Journal of Social Sciences - BUJSS Vol.6 No.2, 2013tr_TR
dc.identifier.issn1307-5063
dc.language.isoenen_US
dc.publisherBeykent Üniversitesitr_TR
dc.relation.publicationcategoryMakale - Ulusal Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.subjectMoneytr_TR
dc.subjectInterest ratetr_TR
dc.subjectCredit, monetary policytr_TR
dc.subjectFirm objectivetr_TR
dc.subjectMicro theory of pricingtr_TR
dc.subjectmathematical economicstr_TR
dc.subjectfinancial economicstr_TR
dc.titleA Theoretical and Empirical Analysis of Interest rate pass-through in India with Regulatory Requirementsen_US
dc.typeArticleen_US

Dosyalar

Orijinal paket
Listeleniyor 1 - 1 / 1
Yükleniyor...
Küçük Resim
İsim:
A Theoretical and Empirical Analysis of Interest rate pass-through in.pdf
Boyut:
538.39 KB
Biçim:
Adobe Portable Document Format
Açıklama:
Lisans paketi
Listeleniyor 1 - 1 / 1
Küçük Resim Yok
İsim:
license.txt
Boyut:
1.43 KB
Biçim:
Item-specific license agreed upon to submission
Açıklama: