Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/65860
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dc.contributor.authorSchlüter, Tobiasen_US
dc.contributor.authorBusch, Ramonaen_US
dc.contributor.authorHartmann-Wendels, Thomasen_US
dc.contributor.authorSievers, Sönkeen_US
dc.date.accessioned2012-11-05en_US
dc.date.accessioned2012-11-05T12:30:46Z-
dc.date.available2012-11-05T12:30:46Z-
dc.date.issued2012en_US
dc.identifier.isbn978-3-86558-852-4en_US
dc.identifier.urihttp://hdl.handle.net/10419/65860-
dc.description.abstractThis article examines the loan rate-setting behavior of German banks for a large variety of retail and corporate loan products. We find that a bank's operational efficiency is priced in bank loan rates and alters interest-setting behavior. Specifically, we establish that a higher degree of operational efficiency leads to lower loan markups, which involve more competitive prices, and smoothed interest rate-setting. This study contributes to prior literature that has been suggesting this relationship but has produced mixed findings. For the German market this relationship is unexplored. By employing stochastic frontier analysis to comprehensively capture cost efficiency, we take the bank customers' perspective and demonstrate the extent to which borrowers benefit from cost efficient banking.en_US
dc.language.isoengen_US
dc.publisher|aDeutsche Bundesbank |cFrankfurt a. M.en_US
dc.relation.ispartofseries|aDiscussion Paper, Deutsche Bundesbank |x26/2012en_US
dc.subject.jelG21en_US
dc.subject.jelG28en_US
dc.subject.ddc330en_US
dc.subject.keywordinterest rate pass-through modelsen_US
dc.subject.keyworderror correction modelsen_US
dc.subject.keywordbank efficiencyen_US
dc.subject.keywordcost efficiencyen_US
dc.subject.keywordstochastic frontier analysisen_US
dc.titleDeterminants of the interest rate pass-through of banks: Evidence from German loan productsen_US
dc.typeWorking Paperen_US
dc.identifier.ppn729174255en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
dc.identifier.repecRePEc:zbw:bubdps:262012-

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