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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Detalhes bibliográficos
Autor principal: Adedeji, Olumuyiwa
Outros Autores: Alatrash, Yacoub, Kirti, Divya
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2019.
coleção:IMF Working Papers; Working Paper ; No. 2019/268
Assuntos:
Acesso em linha:Full text available on IMF