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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Bibliografiska uppgifter
Huvudupphovsman: Adedeji, Olumuyiwa
Övriga upphovsmän: Alatrash, Yacoub, Kirti, Divya
Materialtyp: Tidskrift
Språk:English
Publicerad: Washington, D.C. : International Monetary Fund, 2019.
Serie:IMF Working Papers; Working Paper ; No. 2019/268
Ämnen:
Länkar:Full text available on IMF