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Interest rate liberalization in China /

What might interest rate liberalization do to intermediation and the cost of capital in China? China's most binding interest rate control is a ceiling on the deposit rate, although lending rates are also regulated. Through case studies and model-based simulations, we find that liberalization wi...

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Bibliographic Details
Call Number:Libro Electrónico
Main Authors: Feyzioğlu, Tarhan N. (Author), Porter, Nathan, 1971- (Author), Takáts, Elöd, 1975- (Author)
Corporate Author: International Monetary Fund. Asia and Pacific Department
Format: Electronic eBook
Language:Inglés
Published: [Washington, D.C.] : International Monetary Fund, ©2009.
Series:IMF working paper ; WP/09/171.
Subjects:
Online Access:Texto completo
Table of Contents:
  • I. Introduction; II. A Model of China's Banking Sector; A. Baseline Oligopoly Model; B. Calibration; III. How May Interest Rate Liberalization Change Chinese Banking?; A. The Impact of Liberalization; B. Robustness; IV. What Has Been the Experience with Liberalization Elsewhere?; Box: Key Dates in Interest Rate liberalization in China; A. Nordic Countries; B. Savings and Loan in the U.S.; C. Turkey; D. Korea; E. Lessons; V. Conclusion; Technical Appendix; References.