Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/52133 
Kompletter Metadatensatz
DublinCore-FeldWertSprache
dc.contributor.authorMemmel, Christophen
dc.contributor.authorSchertler, Andreaen
dc.date.accessioned2011-11-15-
dc.date.accessioned2011-11-23T15:46:37Z-
dc.date.available2011-11-23T15:46:37Z-
dc.date.issued2011-
dc.identifier.isbn978-3-86558-753-4en
dc.identifier.urihttp://hdl.handle.net/10419/52133-
dc.description.abstractWe 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
dc.language.isoengen
dc.publisher|aDeutsche Bundesbank |cFrankfurt a. M.en
dc.relation.ispartofseries|aDiscussion Paper Series 2 |x2011,13en
dc.subject.jelG21en
dc.subject.ddc330en
dc.subject.keywordnet interest marginen
dc.subject.keywordbankingen
dc.subject.keywordbalance-sheet compositionen
dc.titleBanks' management of the net interest margin: Evidence from Germany-
dc.typeWorking Paperen
dc.identifier.ppn672239868en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen
dc.identifier.repecRePEc:zbw:bubdp2:201113en

Datei(en):
Datei
Größe
489.07 kB





Publikationen in EconStor sind urheberrechtlich geschützt.