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The Monetary Policy Regime and Banking Spreads in Barbados /

The paper analyzes the determinants of banking spreads in Barbados, with a view to identifying the role of the monetary policy regime in explaining high spreads. The paper finds that interest rate spreads for Barbados are higher than would be suggested by its macroeconomic performance. Banking conce...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Valderrama, Laura
Autor Corporativo: International Monetary Fund
Otros Autores: Samuel, Wendell A.
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Washington, D.C. : International Monetary Fund, 2006.
Colección:IMF Working Papers ; Working Paper no. 06/211.
Temas:
Acceso en línea:Texto completo

MARC

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245 1 4 |a The Monetary Policy Regime and Banking Spreads in Barbados /  |c Valderrama, Laura. 
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490 1 |a IMF Working Papers,  |x 2227-8885 ;  |v Working Paper No. 06/211 
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520 3 |a The paper analyzes the determinants of banking spreads in Barbados, with a view to identifying the role of the monetary policy regime in explaining high spreads. The paper finds that interest rate spreads for Barbados are higher than would be suggested by its macroeconomic performance. Banking concentration and bank-specific variables, including bank size and provisions for nonperforming loans, do not have an important role in explaining variations in bank spreads. Rather, it appears that monetary policy variables, such as reserve requirements and capital controls, are the most important determinants of spreads. 
505 0 |a Contents -- I. INTRODUCTION -- II. STYLIZED FACTS -- III. LITERATURE REVIEW ON THE DETERMINATION OF SPREADS -- IV. BANK SPREADS AND MACROECONOMIC PERFORMANCE -- V. BANK SPREADS IN THE CARIBBEAN: SOME PRELIMINARY EMPIRICS -- VI. ECONOMETRIC ESTIMATION OF BANK SPREADS IN THE CARIBBEAN -- VII. CONCLUDING REMARKS AND POLICY IMPLICATIONS -- REFERENCES -- DATA SOURCES AND DESCRIPTION 
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700 1 |a Samuel, Wendell A. 
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830 0 |a IMF Working Papers ;  |v Working Paper no. 06/211. 
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