Bank heterogeneity in interest rate pass-through: A panel evidence of Pakistan

نویسندگان

چکیده

This article examines the role of bank-level characteristics in determining nature interest rate pass-through from monetary policy rates to commercial banks’ lending Pakistan. Several factors, namely market size, liquidity, capitalisation, profitability, and competition level, were used analysing mechanism. study utilised a dynamic heterogeneous panel technique, Pooled Mean Group (PMG) estimation for sample 12 private banks, over time span 2003:Q2 2015:Q4. Banks smaller large capital, higher liquidity significantly affecting procedure. Thus, improve policy’s transmission mechanism, Pakistan’s central bank should limit capitalisation draw out excess banking sector.

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ژورنال

عنوان ژورنال: Asian Academy of Management Journal of Accounting and Finance

سال: 2021

ISSN: ['1823-4992', '2180-4192']

DOI: https://doi.org/10.21315/aamjaf2021.17.2.5