It takes the average reader and 18 minutes to read How Do Changing U.S. Interest Rates Affect Banks in the Gulf Cooperation Council (GCC) Countries? by Mr.Olumuyiwa S Adedeji
Assuming a reading speed of 250 words per minute. Learn more
Given their pegged exchange rate regimes, Gulf Cooperation Council (GCC) countries usually adjust their policy rates to match shifting U.S. monetary policy. This raises the important question of how changes in U.S. monetary policy affect banks in the GCC. We use bank-level panel data, exploiting variation across banks within countries, to isolate the impact of changing U.S. interest rates on GCC banks funding costs, asset rates, and profitability. We find stronger pass-through from U.S. monetary policy to liability rates than to asset rates and bank profitability, largely reflecting funding structures. In addition, we explore the role of shifts in the quantity of bank liabilities as policy rates change and the role of large banks with relatively stable funding costs to explain these findings.
How Do Changing U.S. Interest Rates Affect Banks in the Gulf Cooperation Council (GCC) Countries? by Mr.Olumuyiwa S Adedeji is 18 pages long, and a total of 4,644 words.
This makes it 6% the length of the average book. It also has 6% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes and 25 minutes to read How Do Changing U.S. Interest Rates Affect Banks in the Gulf Cooperation Council (GCC) Countries? aloud.
How Do Changing U.S. Interest Rates Affect Banks in the Gulf Cooperation Council (GCC) Countries? is suitable for students ages 6 and up.
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