Year: 2016
Author: Bucher, Monika, Neyer, Ulrike
Credit and Capital Markets – Kredit und Kapital, Vol. 49 (2016), Iss. 2 : pp. 221–244
Abstract
The Influence of the Eurosystem"s Deposit Rate on Bank Loan Supply
The Eurosystem"s ample liquidity provision since autumn 2008 has led to a substantial liquidity surplus in the banking sector. As a consequence, commercial bank deposits with the Eurosystem have risen to unprecedented levels. Against this background, this paper analyses how changes in the deposit rate impact bank loan supply. We argue that the reductions in the deposit rate have had so far no effect or a small contractionary effect on bank loan supply in the peripheral countries of the euro area, and a small expansionary effect on bank loan supply in the core countries. The sign of the deposit rate is, in general, irrelevant for these effects.
Journal Article Details
Publisher Name: Global Science Press
Language: German
DOI: https://doi.org/10.3790/ccm.49.2.221
Credit and Capital Markets – Kredit und Kapital, Vol. 49 (2016), Iss. 2 : pp. 221–244
Published online: 2016-06
AMS Subject Headings: Duncker & Humblot
Copyright: COPYRIGHT: © Global Science Press
Pages: 24
Keywords: E52 E58 G21 Geldpolitik Kreditangebot Zinskorridor Einlagesatz negative Zinssätze
Author Details
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Bewertung, Kauf und Optimierung von Unternehmen
Bewertungsgrundlagen
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| Section Title | Page | Action | Price |
|---|---|---|---|
| Monika Bucher / Ulrike Neyer: Der Einfluss des Einlagesatzes des Eurosystems auf das Kreditangebot der Banken | 1 |