Arbeitspapier
Bank interest rates in a small European economy: Some exploratory macro level analyses using Finnish data
This paper presents econometric analyses on the determination of bank deposit and lending rates using longitudinal Finnish data. Interest rate pass-through is very strong, possibly complete, in the case of lending rates; in the case of deposit rates the pass-through is far from complete, even in the long term.The monetary union has benefited customers by decreasing the average rate on new loans.Credit and interest rate risk premiums are clearly observable in banks' lending rates.The impact of money market rates on loan stock rates seems to have been non-linear; no obvious explanation for this phenomenon has been found.
- ISBN
-
952-462-207-6
- Language
-
Englisch
- Bibliographic citation
-
Series: Bank of Finland Research Discussion Papers ; No. 9/2005
- Classification
-
Wirtschaft
Banks; Depository Institutions; Micro Finance Institutions; Mortgages
Interest Rates: Determination, Term Structure, and Effects
Financial Markets and the Macroeconomy
- Subject
-
banking
interest rates
- Event
-
Geistige Schöpfung
- (who)
-
Kauko, Karlo
- Event
-
Veröffentlichung
- (who)
-
Bank of Finland
- (where)
-
Helsinki
- (when)
-
2005
- Handle
- Last update
- 10.03.2025, 11:44 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Kauko, Karlo
- Bank of Finland
Time of origin
- 2005
Other Objects (12)
How are the key Finnish market interest rates determined?
The overnight rate of interest under averaged reserve requirements: Some theoretical aspects and the Finnish experience
A note on Finnish property criminality
Competition in Finnish banking: Two tests
Theoretical aspects to the Finnish credit cycle
Conditional risk and predictability of Finnish stock returns
Banks and the Finnish credit cycle 1986-1995
Switching costs in the Finnish retail deposit market
Bubbles in the Finnish and US equities markets
Default risk on Finnish government foreign currency debt
The equilibrium exchange rate for the Finnish Markka
Empirical studies on the private value of Finnish patents
How are the key Finnish market interest rates determined?
The overnight rate of interest under averaged reserve requirements: Some theoretical aspects and the Finnish experience
A note on Finnish property criminality
Competition in Finnish banking: Two tests
Theoretical aspects to the Finnish credit cycle
Conditional risk and predictability of Finnish stock returns
Banks and the Finnish credit cycle 1986-1995
Switching costs in the Finnish retail deposit market
Bubbles in the Finnish and US equities markets
Default risk on Finnish government foreign currency debt
The equilibrium exchange rate for the Finnish Markka
Empirical studies on the private value of Finnish patents
How are the key Finnish market interest rates determined?
The overnight rate of interest under averaged reserve requirements: Some theoretical aspects and the Finnish experience
A note on Finnish property criminality
Competition in Finnish banking: Two tests
Theoretical aspects to the Finnish credit cycle
Conditional risk and predictability of Finnish stock returns
Banks and the Finnish credit cycle 1986-1995
Switching costs in the Finnish retail deposit market
Bubbles in the Finnish and US equities markets
Default risk on Finnish government foreign currency debt
The equilibrium exchange rate for the Finnish Markka