Interest rate spreads in English speaking African countries /

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Bibliographic Details
Author / Creator:Crowley, Joe, author.
Imprint:[Washington, D.C.] : International Monetary Fund, Monetary and Capital Markets Dept., ©2007.
Description:1 online resource (34 pages) : illustrations.
Language:English
Series:IMF working paper, 2227-8885 ; WP/07/101
IMF working paper ; WP/07/101.
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/12499730
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Other authors / contributors:International Monetary Fund. Monetary and Capital Markets Department.
ISBN:1283517809
9781283517805
1451911181
9781451911183
1462379044
9781462379040
1452726914
9781452726915
9786613830258
6613830259
ISSN:2227-8885
Notes:Includes bibliographical references.
Restrictions unspecified
Electronic reproduction. [S.l.] : HathiTrust Digital Library, 2010.
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212
English.
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Print version record.
Summary:This paper examines interest rate spreads in English-speaking African countries. Higher spreads were found to be associated with lower inflation, a greater number of banks, and greater public ownership of banks. Higher deposit interest rates were found to be associated with lower interest rate spreads, but higher net interest margins. A large increase in spreads in the late 1980s and 1990s may be explained by a strengthening of financial sector supervision. Limited data suggested that poor governance, weak regulatory frameworks and property rights, and higher required reserve ratios are associated with higher spreads.
Other form:Print version: Crowley, Joe. Interest rate spreads in English speaking African countries. [Washington, D.C.] : International Monetary Fund, Monetary and Capital Markets Dept., ©2007
Standard no.:10.5089/9781451911183.001