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Deutsche Bundesbank, Forschungszentrum, Frankfurt am Main >
Discussion Paper Series 2: Banking and Financial Studies, Deutsche Bundesbank >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/52133
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Full metadata record
| DC Field | | Value | | Language |
| dc.contributor.author | | Memmel, Christoph | | en_US |
| dc.contributor.author | | Schertler, Andrea | | en_US |
| dc.date.accessioned | | 2011-11-15 | | en_US |
| dc.date.accessioned | | 2011-11-23T15:46:37Z | | - |
| dc.date.available | | 2011-11-23T15:46:37Z | | - |
| dc.date.issued | | 2011 | | en_US |
| dc.identifier.isbn | | 978-3-86558-753-4 | | en_US |
| dc.identifier.uri | | http://hdl.handle.net/10419/52133 | | - |
| dc.description.abstract | | We decompose the change in banks' net interest margin into a change in market-wide bank rates and a change in the balance-sheet composition. Our empirical findings from a detailed data set on German banks' balance-sheet positions, broken down into different maturities, creditors and borrowers and degrees of liquidity are as follows: (i) Changes in bank rates have a much greater impact on and explain more of the variation in net interest margins than do changes in balance-sheet compositions. (ii) Changes in bank rates and changes in balance-sheet compositions affect the change in the net interest margin less strongly for derivative users than for non-users. On average, banks employ interest rate derivatives to reduce on-balance risk. (iii) When risk-taking becomes more lucrative, banks tend to increase their on-balance exposure. This effect is more pronounced for derivative users than for non-users. | | en_US |
| dc.language.iso | | eng | | en_US |
| dc.publisher | | Deutsche Bundesbank Frankfurt am Main | | en_US |
| dc.relation.ispartofseries | | Discussion Paper Series 2: Banking and Financial Studies 2011,13 | | en_US |
| dc.subject.jel | | G21 | | en_US |
| dc.subject.ddc | | 330 | | en_US |
| dc.subject.keyword | | net interest margin | | en_US |
| dc.subject.keyword | | banking | | en_US |
| dc.subject.keyword | | balance-sheet composition | | en_US |
| dc.title | | Banks' management of the net interest margin: Evidence from Germany | | en_US |
| dc.type | | Working Paper | | en_US |
| dc.identifier.ppn | | 672239868 | | en_US |
| dc.rights | | http://www.econstor.eu/dspace/Nutzungsbedingungen | | en_US |
| dc.identifier.repec | | RePEc:zbw:bubdp2:201113 | | - |
| Appears in Collections: | | Discussion Paper Series 2: Banking and Financial Studies, Deutsche Bundesbank
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