presse@iwh-halle.de
Pills or puts?
Shuo Xia
Financial Times, February 2, 2024
We study the effects of financial and technological innovation by banks on local competition for deposits and credit supply.
We examine how state ownership of banks may have contributed to the ascent to power of Vladimir Putin during the Russian presidential elections of March 2000.
Existing empirical studies on the effect of monetary policy on bank lending almost exclusively focus on a closed economy setting and ignore the interactions between domestic monetary policy and international financial markets.