Description |
1 online resource (29 pages) |
Series |
IMF Working Paper ; WP/18/55 |
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IMF working paper ; WP/18/55.
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Contents |
Cover; Contents; Abstract; I. Introduction; II. Determinants of the Technical Lower Bound; A. The Demand for Banknotes in Albania; B. The Demand of Large Denomination Banknotes; III. Determinants of the Effective Lower Bound; A. Impairment in the Transmission Mechanism; B. Financial Stability; IV. Proposal for a Systematic Monitoring Framework; V. Conclusion; Tables; 1. Estimates of the Demand of Banknotes; 2. Estimates of Banknote Composition; Figures; 1. Preference for Cash and Financial Depth in Albania and its Regional Peers; 2 Evolution of Cash to GDP and Cash to M3 ratio |
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3. Share of Different Banknotes in Circulation4. Deposit Rate and Policy Rate; 5. Risk-Free Yield Curve; 6. Monetary Policy Transmission in Euroized Economies; 7. Non-performing loans in Euro and Lek; 8. Albanian Banking System Net Interest Margin; 9. The Impact of Low Interest Rates on the Asset and Liabilities Structure of the Banking System; 10. The Effective Lower Bound Barometer in Albania; Boxes; 1. The Variables of the Barometer's; Appendixes; I. Data Sources |
Notes |
Print version record |
Form |
Electronic book
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Author |
Themeli, Erald, author
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Veyrune, Romain, author.
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Cabezon, Ezequiel, author.
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Guo, Shaoyu, author
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ISBN |
9781484347867 |
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1484347862 |
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