How Long to Read Are Banks Really Lazy? Evidence from Middle East and North Africa
By Mr.Simon Gray
How Long Does it Take to Read Are Banks Really Lazy? Evidence from Middle East and North Africa?
It takes the average reader and 40 minutes to read Are Banks Really Lazy? Evidence from Middle East and North Africa by Mr.Simon Gray
Assuming a reading speed of 250 words per minute. Learn more
Description
We investigate whether low loan-to-deposit (LTD) ratios and high levels of reserve balances at the central bank (or holdings of government securities) are a reflection of policy-driven factors compared to commonly cited reasons of reluctance to lend or sometimes weak investment demand in uncertain environments. We examine changes to central bank (CB) balance sheet structures as well as commercial banks’ flow of funds over the period 2007–2012. First, Middle East and North Africa (MENA) CBs play an active role in view of their size that is very large with respect to their economies compared to CBs in advanced economies. Second, under exchange rate targeting, most MENA CB balance sheets are asset-driven, holding foreign exchange (FX) reserves to support the exchange rate policy and resulting in lower loan-to-deposit (LTD) ratios in the case of unsterilized increases in FX. Third, CB policy decisions seem to be accompanied by an increase in commercial bank reserve money balances, with ensuing reduction in the LTD. Finally, if governments meet their financing needs from the banking system—whether from commercial banks or by monetary financing—commercial bank balance sheets will tend to expand, resulting in lower LTD ratios. Our analysis suggests that government and CB actions may also drive the demand for and supply of credit, which are traditionally attributed to the behavior of banks and non-financial corporates and households only. The findings offer a different interpretation of changes in CB and banks’ balance sheets, with direct implications for LTD, calling to exercise caution in recommending policy action which aim at propping up LTD to ‘appropriate’ levels in an effort to reinvigorate credit following a downturn.
How long is Are Banks Really Lazy? Evidence from Middle East and North Africa?
Are Banks Really Lazy? Evidence from Middle East and North Africa by Mr.Simon Gray is 40 pages long, and a total of 10,000 words.
This makes it 13% the length of the average book. It also has 12% more words than the average book.
How Long Does it Take to Read Are Banks Really Lazy? Evidence from Middle East and North Africa Aloud?
The average oral reading speed is 183 words per minute. This means it takes and 54 minutes to read Are Banks Really Lazy? Evidence from Middle East and North Africa aloud.
What Reading Level is Are Banks Really Lazy? Evidence from Middle East and North Africa?
Are Banks Really Lazy? Evidence from Middle East and North Africa is suitable for students ages 8 and up.
Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.
When deciding what to show young students always use your best judgement and consult a professional.
Where Can I Buy Are Banks Really Lazy? Evidence from Middle East and North Africa?
Are Banks Really Lazy? Evidence from Middle East and North Africa by Mr.Simon Gray is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.
To buy Are Banks Really Lazy? Evidence from Middle East and North Africa by Mr.Simon Gray on Amazon click the button below.
Buy Are Banks Really Lazy? Evidence from Middle East and North Africa on Amazon