An econometric model for the determination of banking system excess reserves

1988 ◽  
pp. 609-651
Author(s):  
JosÉ Luis Escriva ◽  
Antoni Espasa
Keyword(s):  
Econometric Model ◽  
Banking System ◽  
Excess Reserves

Analysing Italian Local Authorities' Expenditure Behaviour: A Tentative Interpretation

1996 ◽  
Vol 14 (3) ◽  
pp. 285-300 ◽  
Author(s):  
R Levaggi
Keyword(s):  
Local Governments ◽  
Econometric Model ◽  
Property Tax ◽  
Estimation Procedure ◽  
Tentative Interpretation ◽  
Government Organisation ◽  
Set Up ◽  
Microeconomic Foundations ◽  
New System

After the reform of local government organisation and finance following Act 142/1990, Reforming local autonomy, Italian councils can exercise considerably more discretion in setting their expenditure and taxation levels; in this paper a model in the microeconomic tradition is developed to predict the likely changes in these councils' behaviour. The model is based on the assumption that local governments behave as if they were maximising a nested Stone—Geary utility function; at the first stage of the utility-maximisation process, they set up the overall level of taxation, and at the second level they decide how to allocate expenditure among the different services. The results suggest that in the first years after the reform a utility-based incremental budgeting model could explain the determination of expenditure and its composition. Although the model has strong microeconomic foundations, the interpretation of the results may need to be tentative because the data used in the estimation procedure are for a transition year from the old to the new system. The results of the estimated econometric model were then used to predict the likely changes in expenditure which will be brought about by the introduction to the system of a locally managed property tax.

scholarly journals PENGARUH KUALITAS PELAYANAN, KUALITAS PRODUK DAN CITRA BANK TERHADAP KEPUASAN NASABAH ERA COVID 19 (STUDI KASUS DI PT. BANK MANDIRI KANTOR CABANG PALEMBANG)

2021 ◽  
Vol 2 (2) ◽  
pp. 201-210
Author(s):  
Rora Rosmaya Sari ◽  
Luis Marnisah ◽  
Fakhry Zamzam
Keyword(s):  
Customer Satisfaction ◽  
Service Quality ◽  
Product Quality ◽  
Banking System ◽  
Sampling Technique ◽  
Corporate Image ◽  
Analysis Technique ◽  
Quality Product ◽  
Improve Service Quality

This study aims to analyze the effect of service quality, product quality and bank image on customer satisfaction. The population in this study were customers at PT. Bank Mandiri Palembang Branch Offices totaling 174,363 people. Determination of the sample using the Slovin formula, in order to obtain a sample of 100 people with incidental sampling technique. The analysis technique uses multiple linear regression with hypothesis testing using the t test and the F test. The results show that partially the variables of service quality and bank image have a significant and significant effect on customer satisfaction at Bank Mandiri. Meanwhile, the variable of product quality has an effect and is not significant towards the customer satisfaction of Bank Mandiri. Together, the variable service quality, product quality, and image of the bank simultaneously have an effect and are significant on customer satisfaction at Bank Mandiri. It is hoped that Bank Mandiri will further improve service quality, such as maintaining the banking system so that it always runs well, providing good and appropriate solutions, and maintaining a high corporate image as a customer image.

scholarly journals Building Econometric Model for Inflation and Unemployment Rate in Viet Nam and Myanmar

2019 ◽  
Vol 1 (1) ◽  
pp. 64
Author(s):  
Dinh TrAn Ngoc Huy, MBA
Keyword(s):  
Economic Crisis ◽  
Unemployment Rate ◽  
Econometric Model ◽  
Banking System ◽  
Viet Nam ◽  
Economic Factors ◽  
Unemployment Rates ◽  
The Us ◽  
Global Economic Crisis ◽  
The Relationship

<p><em>After the global economic crisis 2007-2011, Viet Nam and Myanmar economies experienced indirect and direct impacts on their economic, finance and banking system, and especially on unemployment rate. Although some economists have done researches on the relationship among macro economic factors such as: </em><em>C</em><em>onsumer </em><em>P</em><em>rice </em><em>I</em><em>ndex (CPI), inflation, GDP…, this paper aims to consider the interaction between macro economic factors such as Viet Nam inflation, US inflation and Viet Nam and Myanmar unemployment rates in the context Viet Nam and Myanmar economics receive impacts from global economic crisis. This is one main objective of this research paper. And the below chart shows us the fluctuation of Viet nam unemployment rate comparing to fluctuations of inflation in the US and in Viet Nam.</em><em></em></p>

The Determination of Expenditure On Consumer Durables

1980 ◽  
Vol 94 ◽  
pp. 62-72 ◽  
Author(s):  
Keith Cuthbertson
Keyword(s):  
Interest Rates ◽  
Durable Goods ◽  
Model Building ◽  
Econometric Model ◽  
Policy Instruments ◽  
Substantial Effect ◽  
Consumer Durables ◽  
Real Cost ◽  
Nominal Interest Rates

This article presents some alternative models of consumers' expenditure on durable goods and examines some general issues of econometric model building. In the preferred model, income, the change in liquid assets and the real cost of credit have a substantial effect on durables expenditure. Hence, both fiscal policy instruments such as a change in the rate of income tax and monetary variables such as nominal interest rates and sterling M3 influence durables expenditure.

scholarly journals Pure Theory of the Federal Funds Rate

2016 ◽  
Vol 67 (3) ◽  
Author(s):  
Stefan Homburg
Keyword(s):  
United States ◽  
Lagrange Multiplier ◽  
Final Section ◽  
The United States ◽  
Interbank Market ◽  
Federal Funds ◽  
Federal Funds Rate ◽  
Excess Reserves ◽  
Policy Variable

AbstractThe effective federal funds rate is determined in a competitive interbank market, while the target federal funds rate represents a policy variable. This paper proposes a theory of the determination of the effective funds rate. According to the main result, the latter is a Lagrange multiplier that vanishes if excess reserves emerge. This is exactly what happened in the United States in September 2008. A final section considers interest on reserves.

Profitability factors and efficiency of Greek banks

2012 ◽  
Vol 7 (2) ◽  
pp. 185-200 ◽  
Author(s):  
Nikos Ioanni Schiniotakis
Keyword(s):  
Economic Crisis ◽  
Banking Sector ◽  
Banking System ◽  
Economic Recession ◽  
Content Type ◽  
Cooperative Banks ◽  
Greek Banks ◽  
First Time ◽  
Published Research

PurposeThis paper aims to search for the factors that influence the profitability of Greek commercial and cooperative banks by examining other variables that have never been used before. It also seeks to examine bank performance before and during the economic crisis in Greece. The survey is based on previous similar research.Design/methodology/approachA multiple regression analysis has been used for the determination of the factors which influence the profitability of the Greek banking sector as well as the multicriteria method PROMETHEE for the examination of the Greek banking sector performance before (2007) and during the economic recession (2008‐2009).FindingsThe paper finds that: type of bank plays an important role in profitability; the indicator ROA is associated only with well‐capitalized banks with sufficient liquidity and cost efficiency; and cooperative banks in general at the beginning of the crisis were less influenced by the economic crisis than commercial banks.Originality/valueThis is the first time that the entire Greek banking system has been examined for the particular period regarding the factors that influence bank profitability. Up to now there has been no published research examining whether the type of the bank influences profitability or which of banks remained efficient and “durable” before and during the first two years of the economic crisis in Greece.

scholarly journals Analysis the Effect of Islamic Banks Performance on Depositor’s Fund: Evidence from Indonesia

2016 ◽  
Vol 8 (10) ◽  
pp. 40 ◽  
Author(s):  
Mohmad T. Abusharbeh
Keyword(s):  
Econometric Model ◽  
Banking System ◽  
Secondary Data ◽  
Operational Efficiency ◽  
Capital Adequacy ◽  
Islamic Banking ◽  
Islamic Banks ◽  
Exogenous Variables ◽  
Business Units ◽  
Capital Adequacy Ratio

<p>This study aims to examine the effect of CAMEL framework on depositor’s fund of Indonesian Islamic banks. The study uses a sample of 11 Islamic commercial banks and 24 Islamic business units’. It used depositors fund as the endogenous variable, and some components of CAMEL such as capital adequacy, assets quality, operational efficiency, profitability, and liquidity as exogenous variables. An econometric model was established and parameters are estimated based on the secondary data obtained from Islamic banking statistics-Bank of Indonesia database for five years (2010-2015). The results of the paper conclude that capital adequacy ratio and liquidity are significant and positively correlated to Islamic deposits, while nonperforming financing is significant but negatively related to the Islamic depositor’s fund. On the other hand, profitability and operational efficiency are not to be significant influence on the depositor’s fund. Finally, the statement of theory proved that good Islamic banks performance provided positive image and confidence in Islamic banking system.</p>

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