The pass-through from market interest rates to bank lending rates in Germany:
Saved in:
| Main Author: | |
|---|---|
| Format: | Book |
| Language: | English |
| Published: |
Frankfurt
Dt. Bundesbank
2002
|
| Series: | Discussion paper / Economic Research Centre of the Deutsche Bundesbank
2002,11 |
| Online Access: | Inhaltsverzeichnis |
| Physical Description: | 34 S. graph. Darst. |
| ISBN: | 3935821093 |
Staff View
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| 245 | 1 | 0 | |a The pass-through from market interest rates to bank lending rates in Germany |c Mark A. Weth |
| 246 | 1 | 3 | |a The pass through from market interest rates to bank lending rates in Germany |
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Record in the Search Index
| _version_ | 1804129225881419776 |
|---|---|
| adam_text | Table of contents
I. Introduction 1
II. The conceptual framework 2
III. Methodology 6
1. Measuring the pass through 6
2. Estimation with bank categories 9
3. Outliers and incomplete time series 10
IV. Data 10
1. Bank lending rates 11
2. Selection of market interest rates 12
3. Mergers and takeovers 13
4. Aggregate time series 13
4. Bank classification 17
V. Econometric results 17
VI. Summary and conclusion 22
Bibliography 24
Annex A: Characteristics of interest rate reporting banks 27
Annex B: Fixed effects (within ) estimation 29
Index of tables and figures
Tables
1. Distribution of reported bank lending rates 12
2. Distribution of balance sheet indicators across banks 16
3. Classification of interest rate reporting banks 16
4. Estimation results. One month pass through elasticities, loading coefficients
and long run relationships: Testing for equality across banks 19
A.I Interest rate reporting banks in Germany by sector 27
A.2 Balance sheet composition, all banks versus interest rate reporting banks 27
A.3 Distribution of bank rate time series by bank category 28
A.4 Representation of interest rate reporting banks belonging to a banking federation 28
Figures
1. Overnight interest rate and mark up of current account credit rates 14
2. Yield on German bearer debt securities outstanding and mark up of long term
corporate lending rates 14
3. Yield on German bearer debt securities outstanding and mark up of five year
mortgage rates 15
4. Lending rate response to a simulated change in the market rate 21
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| id | DE-604.BV014328040 |
| illustrated | Illustrated |
| indexdate | 2024-07-09T19:01:46Z |
| institution | BVB |
| isbn | 3935821093 |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-009829094 |
| oclc_num | 50973647 |
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| physical | 34 S. graph. Darst. |
| publishDate | 2002 |
| publishDateSearch | 2002 |
| publishDateSort | 2002 |
| publisher | Dt. Bundesbank |
| record_format | marc |
| series2 | Discussion paper / Economic Research Centre of the Deutsche Bundesbank |
| spelling | Weth, Mark A. Verfasser aut The pass-through from market interest rates to bank lending rates in Germany Mark A. Weth The pass through from market interest rates to bank lending rates in Germany Frankfurt Dt. Bundesbank 2002 34 S. graph. Darst. txt rdacontent n rdamedia nc rdacarrier Discussion paper / Economic Research Centre of the Deutsche Bundesbank 2002,11 Economic Research Centre of the Deutsche Bundesbank Discussion paper 2002,11 (DE-604)BV013545109 2002,11 HBZ Datenaustausch application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=009829094&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
| spellingShingle | Weth, Mark A. The pass-through from market interest rates to bank lending rates in Germany |
| title | The pass-through from market interest rates to bank lending rates in Germany |
| title_alt | The pass through from market interest rates to bank lending rates in Germany |
| title_auth | The pass-through from market interest rates to bank lending rates in Germany |
| title_exact_search | The pass-through from market interest rates to bank lending rates in Germany |
| title_full | The pass-through from market interest rates to bank lending rates in Germany Mark A. Weth |
| title_fullStr | The pass-through from market interest rates to bank lending rates in Germany Mark A. Weth |
| title_full_unstemmed | The pass-through from market interest rates to bank lending rates in Germany Mark A. Weth |
| title_short | The pass-through from market interest rates to bank lending rates in Germany |
| title_sort | the pass through from market interest rates to bank lending rates in germany |
| url | http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=009829094&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
| volume_link | (DE-604)BV013545109 |
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