Arbeitspapier
The Transmission of Monetary Policy through Conventional and Islamic Banks
We investigate the differences in banks' responses to monetary policy shocks across bank size, liquidity, and type, i.e., conventional versus Islamic, in Pakistan between 2002:II to 2010:I. We find that following a monetary contraction, small banks with liquid balance sheets cut their lending less than other small banks. In contrast large banks maintain their lending irrespective of their liquidity positions. Islamic banks, though similar in size to small banks, respond to monetary policy shocks as large banks. Hence ceteris paribus the credit channel of monetary policy may weaken when Islamic banking grows in relative importance.
- Sprache
-
Englisch
- Erschienen in
-
Series: Tinbergen Institute Discussion Paper ; No. 12-048/2
- Klassifikation
-
Wirtschaft
- Thema
-
Monetary policy
Islamic Banking
Pakistan
Geldpolitik
Geldpolitische Transmission
Bankenliquidität
Islamisches Finanzsystem
Pakistan
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Zaheer, Sajjad
Ongena, Steven
van Wijnbergen, Sweder
- Ereignis
-
Veröffentlichung
- (wer)
-
Tinbergen Institute
- (wo)
-
Amsterdam and Rotterdam
- (wann)
-
2012
- Handle
- URN
-
urn:nbn:nl:ui:29-442095
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
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ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Zaheer, Sajjad
- Ongena, Steven
- van Wijnbergen, Sweder
- Tinbergen Institute
Entstanden
- 2012
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