Monopoly Power in Swiss Financial Markets
作者： Hans Genberg , Thomas Helbling , Salih Neftci
DOI: 10.1007/978-3-642-48846-7_16
关键词: Deposit rate 、 Business 、 Savings account 、 Power (social and political) 、 Financial market 、 Monetary policy 、 Capital market 、 Market economy 、 Interest rate 、 Monopoly
摘要: This paper investigates the degree of integration between local Swiss credit markets and corresponding external markets. The motivation for is frequently asserted proposition that Switzerland in a low-interest-rate country an interest-rate island (Aeberhardt, Zumstein (1990)) on which interest rates move relatively independently abroad.
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