The rst part of this paper surveys the literature on asset prices and monetary policy. The original contributions begin in section 3. Here we consider how two types of shocks associated with asset prices a ect the economy, and the appropriate policy response. The rst set of shocks are ones whose primary impact lies in the future. These shocks a ect the economy by raising asset prices today. The...

Aggregate asset growth— …rst di¤erences of the logarithm of household net worth— can capture time variation in changes in expected returns in quarterly and annual horizons in which stock returns have virtually zero autocorrelations. Regressions of changes in stock returns on aggregate asset growth provide stable estimates of slope coe¢ cients over time, which improve out-of-sample predictabilit...

Every commercial bank optimises its asset portfolio depending on the profitability of assets and chosen or imposed constraints. This paper proposes and applies a stylized model for optimising banks' asset and liability structure, reflecting profitability of different asset categories and their risks as well as costs associated with different liability categories and reserve requirements. The le...

The allocation of UK personal sector wealth across five broad asset categories (net financial wealth, housing (and durable assets) wealth, state pension wealth, private pension wealth, and human capital) is investigated using the FAIDS (financial AIDS) model. Apart from total wealth and returns, additional variables relating to capital market imperfections, and demographic, labour market and cr...

The purpose of this research was to determine the effect credit risk and income diversification on commercial bank performance in Kenya. Impaired loans total were used measure risk. Net interest net non-interest diversification. study's population consisted thirty-nine Kenyan banks. study, which spanned eight years from 2013 2020, relied secondary data audited annual financial statements. colle...

Banks play an important role in the economic development of every nation. They have control over a large part of the supply of money in circulation. Since, the appearance of private commercial banks is the larger portion of the banking sector in Bangladesh, thus this study is intended to measure the performance of selected private sector banks (five), listed on both the Dhaka Stock Exchange and...

Penelitian ini bertujuan untuk mengidentifikasi faktor penentu ketahanan bank di masa pandemi, khususnya pada Bank Perkreditan Rakyat. Data yang digunakan merupakan data bulanan periode Januari 2019 sampai dengan 2021 sebagai sampel desain dan validasi. Dengan analisis regresi logistik diperoleh hasil bahwa capital adequacy ratio, net interest margin, return on asset, cash ratio loan to deposit...