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
格式: text
語言:English
出版: Institutional Knowledge at Singapore Management University 2016
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在線閱讀: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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