Download Tag: EFFECT OF OPEN MARKET OPERATION

Abstract This research investigates the effect of open market operation on commercial banks.                                                                                                                                                                                                                                                                                                              This is performed by examining the causality and patterns of reactions of banking rates with respect to variation in open market rates. Based on vector auto regression analysis we show that there is one-way causation running from the open market rates to banking rates. Changes in open market rates significantly cause changes in the spread and deposit ...

  Abstract This research investigates the effect of open market operation on commercial banks.                                                                                                                                                                                                                                                                                                              This is performed by examining the causality and patterns of reactions of banking rates with respect to variation in open market rates. Based on vector auto regression analysis we show that there is one-way causation running from the open market rates to banking rates. Changes in open market rates significantly cause changes in the spread and ...