04331oam 22010454 450 991078868870332120230828230411.01-4623-5585-41-4527-0776-61-283-51864-31-4519-0924-19786613831095(CKB)3360000000444033(EBL)3014316(SSID)ssj0000939920(PQKBManifestationID)11491939(PQKBTitleCode)TC0000939920(PQKBWorkID)10937616(PQKB)11570966(OCoLC)698585494(MiAaPQ)EBC3014316(IMF)WPIEE2006211(EXLCZ)99336000000044403320020129d2006 uf 0engur|n|---|||||txtccrThe Monetary Policy Regime and Banking Spreads in Barbados /Laura Valderrama, Wendell SamuelWashington, D.C. :International Monetary Fund,2006.1 online resource (26 p.)IMF Working Papers"September 2006."1-4518-6471-X Includes bibliographical references (p. 21-23).""Contents""; ""I. INTRODUCTION""; ""II. STYLIZED FACTS""; ""III. LITERATURE REVIEW ON THE DETERMINATION OF SPREADS""; ""IV. BANK SPREADS AND MACROECONOMIC PERFORMANCE""; ""V. BANK SPREADS IN THE CARIBBEAN: SOME PRELIMINARY EMPIRICS""; ""VI. ECONOMETRIC ESTIMATION OF BANK SPREADS IN THE CARIBBEAN""; ""VII. CONCLUDING REMARKS AND POLICY IMPLICATIONS""; ""REFERENCES""; ""DATA SOURCES AND DESCRIPTION""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.IMF Working Papers; Working Paper ;No. 2006/211Banks and bankingBarbadosMonetary policyBarbadosInterest ratesBarbadosBanks and BankingimfMoney and Monetary PolicyimfBanksimfDepository InstitutionsimfMicro Finance InstitutionsimfMortgagesimfMonetary Policy, Central Banking, and the Supply of Money and Credit: GeneralimfInterest Rates: Determination, Term Structure, and EffectsimfBankingimfMonetary economicsimfFinanceimfCredit ratingsimfDeposit ratesimfCommercial banksimfBank creditimfBanks and bankingimfInterest ratesimfCreditimfBarbadosimfBanks and bankingMonetary policyInterest ratesBanks and BankingMoney and Monetary PolicyBanksDepository InstitutionsMicro Finance InstitutionsMortgagesMonetary Policy, Central Banking, and the Supply of Money and Credit: GeneralInterest Rates: Determination, Term Structure, and EffectsBankingMonetary economicsFinanceCredit ratingsDeposit ratesCommercial banksBank creditBanks and bankingInterest ratesCreditValderrama Laura1481162Samuel Wendell1472704International Monetary Fund.Western Hemisphere Dept.DcWaIMFBOOK9910788688703321The Monetary Policy Regime and Banking Spreads in Barbados3720961UNINA