The Monetary Policy Regime and Banking Spreads in Barbados

Author/creator Valderrama, Laura Author
Other author Samuel, Wendell A. Author
Format Electronic
Publication InfoWashington : International Monetary Fund
Description68 p.
Supplemental ContentFull text available from Ebook Central - Academic Complete

Summary Annotation The paper analyzes the determinants of banking spreads in Barbados, with a view to identifying the role of the monetary policy regime in explaining high spreads. the paper finds that interest rate spreads for Barbados are higher than would be suggested by its macroeconomic performance. Banking concentration and bank-specific variables, including bank size and provisions for nonperforming loans, do not have an important role in explaining variations in bank spreads. Rather, it appears that monetary policy variables, such as reserve requirements and capital controls, are the most important determinants of spreads.
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Technical detailsMode of access: World Wide Web
Genre/formElectronic books.
ISBN9781451909241
ISBN1451909241 (E-Book) Active Record
Stock number00013468

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