The effect of monetary policy on bank wholesale funding
We study how monetary policy affects the funding composition of the banking sector. When monetary tightening reduces the retail deposit supply due to, for example, a decrease in bank reserves or in money demand, banks try to substitute the deposit outflows with more wholesale funding in order to mit...
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Main Authors: | CHOI, Hyunsoo, CHOI, Hyun Soo |
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Format: | text |
Language: | English |
Published: |
Institutional Knowledge at Singapore Management University
2016
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Subjects: | |
Online Access: | https://ink.library.smu.edu.sg/lkcsb_research/5382 https://ink.library.smu.edu.sg/context/lkcsb_research/article/6381/viewcontent/wholesalefund_Dec16.pdf |
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Institution: | Singapore Management University |
Language: | English |
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