scholarly journals Recovery of Interest in Enforcement Procedure in the Republic of Slovenia

Lexonomica ◽  
2021 ◽  
Vol 13 (1) ◽  
pp. 69-90
Author(s):  
Irena Merc
Keyword(s):  
Interest Rate ◽  
Foreign Law ◽  
The Republic ◽  
The Interest Rate

In Slovenian enforcement procedures, the principle of formal legality applies, so the enforcement court is bound by the enforceable title. The court must allow the enforcement of the claim as it follows from the enforceable title. The creditor also needs an enforceable title to claim interest. Interest arising from a Slovenian enforceable title shall be executed at the interest rate specified in Slovenian legislation. In the Republic of Slovenia, interest arising from a foreign enforceable title takes place at the interest rate determined by a foreign substantive provision. If the interest rate is determinable in a foreign enforceable title, the Slovenian Enforcement Court shall concretise the obligation by determining the interest rate determined by foreign law before issuing the writ of execution.

scholarly journals The impact of interest rate corridor on monetary policy efficiency: VEC Granger causality evidence from the central bank of the Republic of Turkey

2021 ◽  
Vol 8 (9) ◽  
pp. 75-78
Author(s):  
Yilmaz et al. ◽  
Keyword(s):  
Monetary Policy ◽  
Interest Rate ◽  
Granger Causality ◽  
Inflation Rate ◽  
Causality Test ◽  
Data Set ◽  
The Republic ◽  
The Interest Rate ◽  
Index Value ◽  
The Impact

This paper aimed to analyze the impacts of interest rate corridor policy on monetary efficiency in Turkey, applying the Error Correction Model and VEC Granger causality. The data set consisted of 108 observations for each time series from May 2010 to December 2019. The Granger causality test results indicated a significant impact of the borrowing rate on the inflation rate. Response function revealed that a change in the borrowing interest rate affected the opposite way in the inflation rate with a 3-month lag. An increase in the lending rate caused an increase in the BIST 100 index value. It is concluded that the interest rate corridor implementation successfully increased the flexibility and effectiveness of the monetary policy in Turkey.

scholarly journals POSSIBLE EFFECT OF LOWERING MATURITIES OF TREASURY BILLS IN THE REPUBLIKA SRPSKA // MOGUĆI EFEKTI POTENCIJALNOG SMANJENJA ROKOVA DOSPIJEĆA TREZORSKIH ZAPISA U REPUBLICI SRPSKOJ

2017 ◽  
Vol 12 (2) ◽  
Author(s):  
Bogdana Vujnović-Gligorić ◽  
Marica Banović ◽  
Aleksandra Figurek
Keyword(s):  
Interest Rate ◽  
Main Question ◽  
Emission Rates ◽  
Treasury Bills ◽  
The Public ◽  
The Republic ◽  
Basic Hypothesis ◽  
The Interest Rate ◽  
Republika Srpska ◽  
Positive Effect

Treasury bills as an instrument of fiscal policy are increasingly used to cover the budget deficit, as well as to maintain the current ratio. They can have a positive effect on the financial market, and therefore the economy if the public debt is efficiently managed. Republic of Srpska has started issuing treasury bills in mid-2011. Since then it has continuously increased the frequency and amount of the issue. The main question is how justified are these kind of borrowing, and the benefits of its cost. This paper wants to explore the trends of treasury bills in Republic of Srpska, limits of emissions, emission rates, as well as the interest rate on issued bills, all for the purpose of searching for cheap sources of budget financing. The basic hypothesis is: The shorter deadline emissions can significantly reduce the interest rate on treasury bills issued.The results obtained confirm the hypothesis, which suggests that Republika Srpska could achieve significant savings in budget expenditures if it lowers current maturities of 12, 9, 6 and 3 months to the monthly level.For the purposes of determining the conditions, dynamics and conditions of issuing treasury bills in the Republic of Srpska was used analysis method, and for the purposes of drawing the conclusions method of deduction will be used.

The Role of Different Channels in Transmitting Monetary Policy into Output and Price in Vietnam

2015 ◽  
pp. 20-40
Author(s):  
Vinh Nguyen Thi Thuy
Keyword(s):  
Monetary Policy ◽  
Exchange Rate ◽  
Interest Rate ◽  
Money Supply ◽  
Monetary Transmission ◽  
Impulse Response Functions ◽  
Short Run ◽  
The Exchange Rate ◽  
The Interest Rate ◽  
Interest Rate Channel

The paper investigates the mechanism of monetary transmission in Vietnam through different channels - namely the interest rate channel, the exchange rate channel, the asset channel and the credit channel for the period January 1995 - October 2009. This study applies VAR analysis to evaluate the monetary transmission mechanisms to output and price level. To compare the relative importance of different channels for transmitting monetary policy, the paper estimates the impulse response functions and variance decompositions of variables. The empirical results show that the changes in money supply have a significant impact on output rather than price in the short run. The impacts of money supply on price and output are stronger through the exchange rate and credit channels, but however, are weaker through the interest rate channel. The impacts of monetary policy on output and inflation may be erroneous through the equity price channel because of the lack of an established and well-functioning stock market.

DETERMINAN INFLASI DI INDONESIA PERIODE 1980-2015

2016 ◽  
Vol 21 (1) ◽  
pp. 1-7
Author(s):  
Risna Risna
Keyword(s):  
Interest Rate ◽  
Interest Rates ◽  
Money Supply ◽  
Government Spending ◽  
Positive Impact ◽  
Secondary Data ◽  
Quantitative Approach ◽  
State Spending ◽  
Factors Affecting ◽  
The Interest Rate

This study aims to determine the effect of government spending, the money supply, the interest rate of Bank Indonesia against inflation.This study uses secondary data. Secondary data were obtained directly from the Central Bureau of Statistics and Bank Indonesia. It can be said that there are factors affecting inflationas government spending, money supply, and interest rates BI. The reseach uses a quantitative approach to methods of e-views in the data. The results of analysis of three variables show that state spending significantand positive impact on inflationin Indonesia, the money supply significantand negative to inflationin Indonesia, BI rate a significantand positive impact on inflation in Indonesia

Insurance Companies and the Interest Rate

1953 ◽  
Vol 9 (4) ◽  
pp. 15-17
Author(s):  
Shelby Cullom Davis
Keyword(s):  
Interest Rate ◽  
Insurance Companies ◽  
The Interest Rate

Analyzing the financial and economic momentum as a result of changes in the interest rate

2020 ◽  
Vol 16 (9) ◽  
pp. 1656-1673
Author(s):  
V.V. Smirnov
Keyword(s):  
Interest Rate ◽  
Natural Gas ◽  
Central Bank ◽  
Crude Oil ◽  
Oil Prices ◽  
Global Capitalism ◽  
Positive Effects ◽  
Russian Economy ◽  
Oil And Natural Gas ◽  
The Interest Rate

Subject. The article discusses financial and economic momenta. Objectives. I determine financial and economic momenta as the interest rate changes in Russia. Methods. The study is based on a systems approach and the method of statistical analysis. Results. The Russian economy was found to strongly depend on prices for crude oil and natural gas, thus throwing Russia to the outskirts of the global capitalism, though keeping the status of an energy superpower, which ensures a sustainable growth in the global economy by increasing the external consumption and decreasing the domestic one. The devaluation of the national currency, a drop in tax revenue, etc. result from the decreased interest rate. They all require to increase M2 and the devalued retail loan in RUB, thus rising the GDP deflator. As for positive effects, the Central Bank operates sustainably, replenishes gold reserves and keeps the trade balance (positive balance), thus strengthening its resilience during a global drop in crude oil prices and the COVID-19 pandemic. The positive effects were discovered to result from a decreased in the interest rate, rather than keeping it low all the time. Conclusions and Relevance. As the interest rate may be, the financial and economic momentum in Russia depends on the volatility of the price for crude oil and natural gas. Lowering the interest rate and devaluing the national currency, the Central Bank preserves the resource structure of the Russian economy, strengthens its positions within the global capitalism and keeps its status of an energy superpower, thus reinforcing its resilience against a global drop in oil prices.

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