Recent changes in the prime rate behavior
Author
Abstract
Suggested Citation
DOI: 10.1007/s11156-009-0127-x
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Fried, Joel & Howitt, Peter, 1980. "Credit Rationing and Implicit Contract Theory," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 12(3), pages 471-487, August.
- Mester, Loretta J. & Saunders, Anthony, 1995.
"When does the prime rate change?,"
Journal of Banking & Finance, Elsevier, vol. 19(5), pages 743-764, August.
- Loretta J. Mester & Anthony Saunders, 1990. "When does the prime rate change?," Working Papers 90-16, Federal Reserve Bank of Philadelphia.
- Goldberg, Michael A., 1982. "The pricing of the prime rate," Journal of Banking & Finance, Elsevier, vol. 6(2), pages 277-296, June.
- Berger, Allen N & Udell, Gregory F, 1992.
"Some Evidence on the Empirical Significance of Credit Rationing,"
Journal of Political Economy, University of Chicago Press, vol. 100(5), pages 1047-1077, October.
- Allen N. Berger & Gregory F. Udell, 1990. "Some evidence on the empirical significance of credit rationing," Finance and Economics Discussion Series 105, Board of Governors of the Federal Reserve System (U.S.).
- Hannan, Timothy H & Berger, Allen N, 1991. "The Rigidity of Prices: Evidence from the Banking Industry," American Economic Review, American Economic Association, vol. 81(4), pages 938-945, September.
- Nabar, Prafulla G & Park, Sang Yong & Saunders, Anthony, 1993. "Prime Rate Changes: Is There an Advantage in Being First?," The Journal of Business, University of Chicago Press, vol. 66(1), pages 69-92, January.
- Forbes, Shawn M. & Mayne, Lucille S., 1989. "A friction model of the prime," Journal of Banking & Finance, Elsevier, vol. 13(1), pages 127-135, March.
- Stiglitz, Joseph E & Weiss, Andrew, 1981. "Credit Rationing in Markets with Imperfect Information," American Economic Review, American Economic Association, vol. 71(3), pages 393-410, June.
- Michael J. Dueker, 2000. "Are prime rate changes asymmetric?," Review, Federal Reserve Bank of St. Louis, vol. 82(Sep), pages 33-40.
- Rik Hafer, 1983. "The prime rate and the cost of funds: is the prime too high?," Review, Federal Reserve Bank of St. Louis, vol. 65(May), pages 17-21.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Friedman, Joseph & Shachmurove, Yochanan, 2015.
"The responses of the prime rate to change in policies of the Federal Reserve,"
Economic Modelling, Elsevier, vol. 46(C), pages 407-411.
- Joseph Friedman & Yochanan Shachmurove, 2014. "The Responses of the Prime Rate to a Change in Policies of the Federal Reserve," DETU Working Papers 1405, Department of Economics, Temple University.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Mester, Loretta J. & Saunders, Anthony, 1995.
"When does the prime rate change?,"
Journal of Banking & Finance, Elsevier, vol. 19(5), pages 743-764, August.
- Loretta J. Mester & Anthony Saunders, 1990. "When does the prime rate change?," Working Papers 90-16, Federal Reserve Bank of Philadelphia.
- Richard P.C. Brown & Fabrizio Carmignani, 2015.
"Revisiting the Effects of Remittances on Bank Credit: A Macro Perspective,"
Scottish Journal of Political Economy, Scottish Economic Society, vol. 62(5), pages 454-485, November.
- Richard P.C. Brown & Fabrizio Carmignani, 2012. "Revisiting the effects of remittances on bank credit: a macro perspective," Discussion Papers Series 461, School of Economics, University of Queensland, Australia.
- Rocha, Manuel Duarte, 2012. "Interest rate pass-through in Portugal: Interactions, asymmetries and heterogeneities," Journal of Policy Modeling, Elsevier, vol. 34(1), pages 64-80.
- Kobayashi, Teruyoshi, 2009. "Announcements and the effectiveness of monetary policy: A view from the US prime rate," Journal of Banking & Finance, Elsevier, vol. 33(12), pages 2253-2266, December.
- Enzo Dia, 2004. "Imperfect Information and Monopolistic Pricing in the Banking Industry," Working Papers 74, University of Milano-Bicocca, Department of Economics, revised May 2004.
- Karagiannis, Stelios & Panagopoulos, Yannis & Vlamis, Prodromos, 2010. "Interest rate pass-through in Europe and the US: Monetary policy after the financial crisis," Journal of Policy Modeling, Elsevier, vol. 32(3), pages 323-338, May.
- Francesco Grigoli & José M. Mota, 2017.
"Interest rate pass-through in the Dominican Republic,"
Latin American Economic Review, Springer;Centro de Investigaciòn y Docencia Económica (CIDE), vol. 26(1), pages 1-25, December.
- Mr. Francesco Grigoli & José M. Mota, 2015. "Interest Rate Pass-Through in the Dominican Republic," IMF Working Papers 2015/260, International Monetary Fund.
- Gordon H. Sellon, 2002. "The changing U.S. financial system : some implications for the monetary transmission mechanism," Economic Review, Federal Reserve Bank of Kansas City, vol. 87(Q I), pages 5-35.
- Enzo Dia, 2004. "Monopolistic Pricing in the Banking Industry: a Dynamic Portfolio Model," Finance 0411025, University Library of Munich, Germany.
- Barry Scholnick, 1999. "Interest Rate Asymmetries in Long-Term Loan and Deposit Markets," Journal of Financial Services Research, Springer;Western Finance Association, vol. 16(1), pages 5-26, September.
- Vasso Ioannidou & Steven Ongena & José-Luis Peydró, 2015.
"Monetary Policy, Risk-Taking, and Pricing: Evidence from a Quasi-Natural Experiment,"
Review of Finance, European Finance Association, vol. 19(1), pages 95-144.
- Ioannidou, Vasso & Ongena, Steven & Peydró, José-Luis, 2015. "Monetary Policy, Risk-Taking and Pricing: Evidence from a Quasi-Natural Experiment," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 19(1), pages 95-144.
- Vasso Ioannidou & Steven Ongena & José-Luis Peydró, 2007. "Monetary policy, risk-taking and pricing: Evidence from a quasi-natural experiment," Economics Working Papers 1704, Department of Economics and Business, Universitat Pompeu Fabra, revised Oct 2008.
- Ioannidou, V. & Ongena, S. & Peydro, J.L., 2009. "Monetary Policy, Risk-Taking, and Pricing : Evidence from a Quasi-Natural Experiment," Other publications TiSEM 2de55545-bc41-4567-a092-e, Tilburg University, School of Economics and Management.
- Ioannidou, V. & Ongena, S. & Peydro, J.L., 2009. "Monetary Policy, Risk-Taking, and Pricing : Evidence from a Quasi-Natural Experiment," Discussion Paper 2009-31 S, Tilburg University, Center for Economic Research.
- Enzo Dia, 2004. "Monopolistic Pricing in the Banking Industry: a Dynamic Model," Working Papers 73, University of Milano-Bicocca, Department of Economics, revised May 2004.
- Liu, Ming-Hua & Margaritis, Dimitri & Tourani-Rad, Alireza, 2008. "Monetary policy transparency and pass-through of retail interest rates," Journal of Banking & Finance, Elsevier, vol. 32(4), pages 501-511, April.
- Qing L. Burke & Terry D. Warfield, 2021. "Bank interest rate risk management and valuation of earnings," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 61(3), pages 4287-4337, September.
- Bittner, Christian & Bonfim, Diana & Heider, Florian & Saidi, Farzad & Schepens, Glenn & Soares, Carla, 2022.
"The Augmented Bank Balance-Sheet Channel of Monetary Policy,"
CEPR Discussion Papers
17056, C.E.P.R. Discussion Papers.
- Christian Bittner & Diana Bonfim & Florian Heider & Farzad Saidi & Glenn Schepens & Carla Soares, 2022. "The Augmented Bank Balance-Sheet Channel of Monetary Policy," ECONtribute Discussion Papers Series 149, University of Bonn and University of Cologne, Germany.
- Carla Soares & Diana Bonfim & Christian Bittner, 2022. "The Augmented Bank Balance-Sheet Channel of Monetary Policy," Working Papers w202202, Banco de Portugal, Economics and Research Department.
- Bittner, Christian & Bonfim, Diana & Heider, Florian & Saidi, Farzad & Schepens, Glenn & Soares, Carla, 2022. "The augmented bank balance-sheet channel of monetary policy," Working Paper Series 2745, European Central Bank.
- Bittner, Christian & Bonfim, Diana & Heider, Florian & Saidi, Farzad & Schepens, Glenn & Soares, Carla, 2022. "The augmented bank balance-sheet channel of monetary policy," Discussion Papers 22/2022, Deutsche Bundesbank.
- Muhammad, Omer & de Haan, Jakob & Scholtens, Bert, 2014.
"Impact of Interbank Liquidity on Monetary Transmission Mechanism: A Case Study of Pakistan,"
MPRA Paper
56161, University Library of Munich, Germany.
- Muhammed Omar & Jakob de Hann & Bert Scholtens, 2015. "Impact of Interbank Liquidity on Monetary Transmission Mechanism: A Case Study of Pakistan," Working Papers id:6915, eSocialSciences.
- Muhammad Omer & Jakob de Haan & Bert Scholtens, 2014. "Impact of Interbank Liquidity on Monetary Transmission Mechanism: A Case Study of Pakistan," SBP Working Paper Series 70, State Bank of Pakistan, Research Department.
- Massimiliano Affinito & Fabio Farabullini, 2009. "Does the Law of One Price Hold in Euro-Area Retail Banking? An Empirical Analysis of Interest Rate Differentials across the Monetary Union," International Journal of Central Banking, International Journal of Central Banking, vol. 5(1), pages 5-37, March.
- Levieuge, Grégory & Sahuc, Jean-Guillaume, 2021.
"Downward interest rate rigidity,"
European Economic Review, Elsevier, vol. 137(C).
- Grégory Levieuge & Jean-Guillaume Sahuc, 2021. "Downward interest rate rigidity," Post-Print hal-03528874, HAL.
- Gr gory Levieuge & Jean-Guillaume Sahuc, 2021. "Downward Interest Rate Rigidity," Working papers 828, Banque de France.
- Jean-Guillaume Sahuc & Grégory Levieuge, 2021. "Downward interest rate rigidity," Post-Print hal-03361418, HAL.
- S. Burcu Avci & Eray Yucel, 2017.
"Effectiveness of monetary policy: evidence from Turkey,"
Eurasian Economic Review, Springer;Eurasia Business and Economics Society, vol. 7(2), pages 179-213, August.
- Avci, S. Burcu & Yucel, Eray, 2016. "Effectiveness of Monetary Policy: Evidence from Turkey," MPRA Paper 70848, University Library of Munich, Germany.
- Aristei, David & Gallo, Manuela, 2014.
"Interest rate pass-through in the Euro area during the financial crisis: A multivariate regime-switching approach,"
Journal of Policy Modeling, Elsevier, vol. 36(2), pages 273-295.
- David ARISTEI & Manuela Gallo, 2012. "Interest Rate Pass-Through in the Euro Area during the Financial Crisis: a Multivariate Regime-Switching Approach," Quaderni del Dipartimento di Economia, Finanza e Statistica 107/2012, Università di Perugia, Dipartimento Economia.
More about this item
Keywords
Prime rate; Prime spread; CD rate; Sluggish and asymmetric behavior; G21; E43;All these keywords.
JEL classification:
- G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
- E43 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Interest Rates: Determination, Term Structure, and Effects
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:kap:rqfnac:v:33:y:2009:i:2:p:177-192. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://springer.com .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.