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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Автор: Adedeji, Olumuyiwa
Інші автори: Alatrash, Yacoub, Kirti, Divya
Формат: Журнал
Мова:English
Опубліковано: Washington, D.C. : International Monetary Fund, 2019.
Серія:IMF Working Papers; Working Paper ; No. 2019/268
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Онлайн доступ:Full text available on IMF