Excess Reserve Holdings of Jordan Commercial Banks: VARX Implementation

A Study on CRM Implementation in Chinese Commercial Banks

The paper first presents the theory of Customer Relationship Management (CRM) under E-commerce circumstances. It then focuses on the motives and obstructions in implementing CRM in Chinese commercial banks. Further, the paper puts forward a trial solution to these specific problems to be a solving aid to Chinese commercial banks under Customer Relationship Management.

The 2001 Survey of Commercial Banks in the Tenth Federal Reserve District: Changes and Challenges

1 The decade of the 1990s witnessed dramatic changes in the competitive situation of individual banks and in the structure of the banking industry. Legislation removed barriers for bank holding companies to own banks across state lines, allowed banks to operate across extensive areas in a single branch network, and created financial holding companies that could operate banks, securities firms, ...

Why Commercial Banks Held Excess Reserves: The Japanese Experience of the Late 1990s

Asset Bubbles, Investment, and Reserve Holdings in Emerging Economies

We build a general equilibrium model of investment and capital accumulation in emerging economies. The infinite horizon model features a financial friction, namely that entrepreneurs can only raise debt that they can credibly repay given an outside option such as an investment in the traditional sector of the emerging economy. We show that when lending rates are low, the pure market outcome can...

Trade Invoicing, Bank Funding, and Central Bank Reserve Holdings

In recent work (Gopinath and Stein 2017), we explore how a currency like the dollar can become entrenched as a dominant global currency, focusing on the two-way feedback between trade invoicing and banking structure. The basic idea is that when a larger share of a country’s imports are invoiced in dollars, its citizens have a greater demand for dollar-denominated safe claims. This in turn leads...