Results 21 to 30 of about 21,949,427 (342)
Does Monetary Policy Influence the Profitability of Banks in New Zealand?
International Journal of Financial Studies, 2020 The study investigates the relationship between monetary policy and bank profitability in New Zealand using the generalized method of moments (GMM) estimator. Our sample comprises 19 banks from New Zealand over the period 2006–2018.
Vijay Kumar +2 more
doaj +1 more source
Low Interest Rates, Market Power, and Productivity Growth
Social Science Research Network, 2019 This study provides a new theoretical result that a decline in the long‐term interest rate can trigger a stronger investment response by market leaders relative to market followers, thereby leading to more concentrated markets, higher profits, and lower ...
Ernest Liu +4 more
semanticscholar +1 more source
A Praxeological Theory of Interest Rates
Mises, 2021 This paper starts with the observation that the pure time preference theory leads to conflicting views concerning the effect of changes in productivity on the rate of interest.
Hendrik Hagedorn
doaj +1 more source
Oil Prices, Exchange Rates and Interest Rates
Social Science Research Network, 2019 There has been much interest in the relationship between the price of crude oil, the value of the U.S. dollar, and the U.S. interest rate since the 1980s.
Lutz Kilian, Lutz Kilian, Xiaoqing Zhou
semanticscholar +1 more source
On secular stagnation and low interest rates: Demography matters
International Finance, 2019 Nominal and real interest rates in advanced economies have been decreasing since the mid-1980s and reached historical low levels in the aftermath of the global financial crisis.
G. Ferrero, M. Gross, S. Neri
semanticscholar +1 more source
On the theory of interest rate policy
PSL Quarterly Review, 2012 A new consensus in the theory of monetary policy has been reached pointing to the pivotal role of interest rates that are set in accordance with central banks' reaction functions.
Heinz-Peter Spahn
doaj +1 more source
NEGATIVE INTEREST RATES AND HOUSING BUBBLES [PDF]
Civil Engineering Journal, 2016 In years after the financial crisis economists started to propose negative interest rates as a way how to escape from a liquidity trap. Negative interest rate was considered to be impossible but few countries have already set them below the lower zero ...
Dominik Stroukal, Božena Kadeřábková
doaj +1 more source
Forecasting Interest Rates [PDF]
, 2013 Abstract This chapter discusses what the asset-pricing literature concludes about the forecastability of interest rates. It outlines forecasting methodologies implied by this literature, including dynamic, no-arbitrage term structure models and their macro-finance extensions.
openaire +3 more sources
The associations between stock prices, inflation rates, interest rates are still persistent
Journal of Economics Finance and Administrative Science, 2019 Purpose This paper aims to examine the effect of both inflation rate and interest rate on stock prices using quarterly data on non-financial firms listed in DJIA30 and NASDAQ100 for the period 1999-2016.
T. Eldomiaty +3 more
semanticscholar +1 more source
Term Structure of Interest Rates
Revista de Matemática: Teoría y Aplicaciones, 2012 The risk free rate on bonds is a very important quantity that allows calculation of premium values on bonds. This quantity of stochastic nature has been modeled with different degrees of sophistication. This paper reviews the major models utilized in the
Benito A. Stradi
doaj +1 more source