Bahamas and Barbados: empirical evidence of interest rate pass-through

Includes bibliography

Guardado en:
Detalles Bibliográficos
Autores principales: Mamingi, Nlandu, Boamah, Daniel O., Jackman, Mahalia N.
Formato: Texto
Lenguaje:English
Publicado: 2014
Materias:
Acceso en línea:http://hdl.handle.net/11362/11473
Etiquetas: Agregar Etiqueta
Sin Etiquetas, Sea el primero en etiquetar este registro!
id oai-11362-11473
record_format dspace
spelling oai-11362-114732020-03-06T16:50:27Z Bahamas and Barbados: empirical evidence of interest rate pass-through Mamingi, Nlandu Boamah, Daniel O. Jackman, Mahalia N. TASAS DE INTERES PRESTAMOS BANCARIOS BANCOS COMERCIALES ANALISIS ECONOMICO POLITICA MONETARIA BANCOS CENTRALES INTEREST RATES BANK LOANS COMMERCIAL BANKS ECONOMIC ANALYSIS MONETARY POLICY CENTRAL BANKS Includes bibliography This paper uses an error correction model to investigate empiricallythe effectiveness of central bank interest rate policy in influencingcommercial banks' lending rate behaviour in Barbados and the Bahamasusing quarterly data for the period January 1995-April 2007. For Barbados,the study finds that the reaction of commercial bank lending rates tochanges in the central bank's policy rate is sticky in the short run, butfully complete in the long run. On average, it takes about four to sixquarters for the full effect of changes in the central bank policy rate tobe transmitted to the economy via adjustments. For the Bahamas, thereaction of commercial bank lending rates to changes in the central bankpolicy rate is fully complete in the short run and the long run, owing to alow adjustment cost coupled with the use of moral suasion. 2014-01-02T18:45:34Z 2014-01-02T18:45:34Z 2011-04 Texto Sección o Parte de un Documento http://hdl.handle.net/11362/11473 LC/G.2487-P en CEPAL Review CEPAL Review 103 application/pdf BAHAMAS BARBADOS BAHAMAS BARBADOS
institution Cepal
collection Cepal
language English
topic TASAS DE INTERES
PRESTAMOS BANCARIOS
BANCOS COMERCIALES
ANALISIS ECONOMICO
POLITICA MONETARIA
BANCOS CENTRALES
INTEREST RATES
BANK LOANS
COMMERCIAL BANKS
ECONOMIC ANALYSIS
MONETARY POLICY
CENTRAL BANKS
spellingShingle TASAS DE INTERES
PRESTAMOS BANCARIOS
BANCOS COMERCIALES
ANALISIS ECONOMICO
POLITICA MONETARIA
BANCOS CENTRALES
INTEREST RATES
BANK LOANS
COMMERCIAL BANKS
ECONOMIC ANALYSIS
MONETARY POLICY
CENTRAL BANKS
Mamingi, Nlandu
Boamah, Daniel O.
Jackman, Mahalia N.
Bahamas and Barbados: empirical evidence of interest rate pass-through
description Includes bibliography
format Texto
author Mamingi, Nlandu
Boamah, Daniel O.
Jackman, Mahalia N.
author_facet Mamingi, Nlandu
Boamah, Daniel O.
Jackman, Mahalia N.
author_sort Mamingi, Nlandu
title Bahamas and Barbados: empirical evidence of interest rate pass-through
title_short Bahamas and Barbados: empirical evidence of interest rate pass-through
title_full Bahamas and Barbados: empirical evidence of interest rate pass-through
title_fullStr Bahamas and Barbados: empirical evidence of interest rate pass-through
title_full_unstemmed Bahamas and Barbados: empirical evidence of interest rate pass-through
title_sort bahamas and barbados: empirical evidence of interest rate pass-through
publishDate 2014
url http://hdl.handle.net/11362/11473
work_keys_str_mv AT maminginlandu bahamasandbarbadosempiricalevidenceofinterestratepassthrough
AT boamahdanielo bahamasandbarbadosempiricalevidenceofinterestratepassthrough
AT jackmanmahalian bahamasandbarbadosempiricalevidenceofinterestratepassthrough
_version_ 1718440526915567616