How Interest Rates Changed under Financial Liberalization : A Cross-Country Review

How Interest Rates Changed under Financial Liberalization : A Cross-Country Review

Financial liberalization was expected to make interest rates, and asset prices more volatile, with distributional consequences, such as reduced, or relocated rents, and increased competition in financial services. The author examines available data...

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Bibliographic Details
Main Author: Honohan, Patrick
Format: Policy Research Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2014
Subjects:
ANNUAL OBSERVATIONS
BANK LENDING
CAPITAL ACCOUNT
CAPITAL CONTROLS
CENTRAL BANKS
CREDIT RISK
CURRENCY UNIONS
DEFLATION
DEPOSITORS
DEREGULATION
DEVELOPING COUNTRIES
DEVELOPING COUNTRY
ECONOMIC GROWTH
ECONOMIC PERFORMANCE
EQUILIBRIUM
EXCHANGE RATE
EXCHANGE RATES
EXPORTS
FINANCIAL INTEGRATION
FINANCIAL MARKETS
FINANCIAL SYSTEM
FORECASTS
FOREIGN EXCHANGE
GDP
GLOBAL INTEREST
HIGH INFLATION
HIGH VOLATILITY
INCOME
INDUSTRIAL COUNTRIES
INFLATION
INTEREST RATE
INTEREST RATE LIBERALIZATION
INTEREST RATES
LENDING RATES
LIBERALIZATION
LIQUIDITY
MARGINAL EFFICIENCY OF CAPITAL
MARKET FORCES
MARKET POWER
MONETARY POLICY
MONEY SUPPLY
NOMINAL INTEREST RATES
POLICY INSTRUMENTS
POLICY RESEARCH
PRODUCTIVITY
PUBLIC SECTOR
RATIONAL EXPECTATIONS
REAL EXCHANGE
REAL EXCHANGE RATES
REAL INTEREST
REAL INTEREST RATE
REAL INTEREST RATES
RISK AVERSION
SECURITIES
SECURITIES MARKETS
STANDARD DEVIATION
STRUCTURAL CHANGE
Online Access:http://documents.worldbank.org/curated/en/2000/04/437851/interest-rates-changed-under-financial-liberalization-cross-country-review
http://hdl.handle.net/10986/18833

Internet

http://documents.worldbank.org/curated/en/2000/04/437851/interest-rates-changed-under-financial-liberalization-cross-country-review
http://hdl.handle.net/10986/18833

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