Bank competition and interest rate pass-through in the BRICS
作者： Gideon Fadiran
DOI: 10.1108/IJOEM-05-2011-0046
关键词:
摘要: Purpose – The purpose of this paper is to examine and compare the interest rate pass-through among Brazil, Russia, India, China South Africa (BRICS) emerging markets. Design/methodology/approach reviews a general literature on rates by applying cointegration asymmetric mean adjustment lag (MAL) error correction methodology (ECM). Findings A symmetric found in Africa's deposit rate, while an Brazil India's adjustments. presence customer reaction theory adjustments, collusive pricing arrangement Russia. From lending adjustment, was Africa, India Research limitations/implications sample period used study covers starting from the...
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