How Do Changing U.S. Interest Rates Affect Banks in the Gulf Cooperation Council (GCC) Countries? /

Given their pegged exchange rate regimes, Gulf Cooperation Council (GCC) countries usually adjust their policy rates to match shifting U.S. monetary policy. This raises the important question of how changes in U.S. monetary policy affect banks in the GCC. We use bank-level panel data, exploiting var...

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Détails bibliographiques
Auteur principal: Adedeji, Olumuyiwa
Autres auteurs: Alatrash, Yacoub, Kirti, Divya
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 2019.
Collection:IMF Working Papers; Working Paper ; No. 2019/268
Sujets:
Accès en ligne:Full text available on IMF