Money market funds, bank loans and interest rate liberalization: Evidence from an emerging market
Sign Up to like & getrecommendations! Published in 2019 at "Finance Research Letters"
DOI: 10.1016/j.frl.2019.04.020
Abstract: Abstract We report significant effects of the development of money market funds (MMFs) on bank deposits, loans and interest rate liberalization using bank data in China from 2008 to 2014. In particular, the development of… read more here.
Keywords: bank; rate liberalization; market; interest rate ... See more keywords
Interest rate liberalization and pass-through of monetary policy rate to bank lending rates in China
Sign Up to like & getrecommendations! Published in 2019 at "Frontiers of Business Research in China"
DOI: 10.1186/s11782-019-0056-z
Abstract: We examine whether the effectiveness of the monetary policy rate transmission differs before and after interest rate liberalization in China using the autoregressive distributed lag (ARDL) bound test and an error correction model (ECM). The… read more here.
Keywords: monetary policy; rate; rate liberalization; policy rate ... See more keywords