Advanced search
Publication Cover
Applied Economics Letters Volume 30, 2023 - Issue 17
Submit an article Journal homepage
262
Views
0
CrossRef citations to date
0
Altmetric
Research Article

The determinants of interest rate spreads in dollarized economies

Julián P. Díaza Department of Economics, Quinlan School of Business, Loyola University Chicago, Chicago, IL, USACorrespondence[email protected]
ORCID Iconhttps://orcid.org/0000-0003-0058-7086
ORCID Icon &
Juan Francisco Rumbea Pavisicb Escuela Superior Politécnica del Litoral, Guayaquil, Ecuador and Universidad de Navarra, Pamplona, Spain
Pages 2473-2480 | Published online: 06 Jul 2022

References

  • Angbazo, L. 1997. “Commercial Bank Net Interest Margins, Default Risk, interest-rate Risk, and off-balance Sheet Banking.” Journal of Banking and Finance 21 (1): 55–87. doi:10.1016/S0378-4266(96)00025-8.
  • Berg, A., and E. Borensztein, 2000. “The Pros and Cons of Full Dollarization.” IMF Working Papers No. 00/50.
  • Brock, P., and L. Rojas Suarez. 2000. “Understanding the Behavior of Bank Spreads in Latin America.” Journal of Development Economics 63 (1): 113–134. doi:10.1016/S0304-3878(00)00102-4.
  • Demirgüç-Kunt, A., and H. Huizinga. 1999. “Determinants of Commercial Bank Interest Margins and Profitability: Some International Evidence.” The World Bank Economic Review 13 (2): 379–408. doi:10.1093/wber/13.2.379.
  • Demirgüç-Kunt, A., L. Laeven, and R. Levine. 2004. “Regulations, Market Structure, Institutions and the Cost of Financial Intermediation.” Journal of Money, Credit, and Banking 36 (3): 593–622. doi:10.1353/mcb.2004.0045.
  • Dobla-Norris, E., and H. Floerkemeier, 2007. “Bank Efficiency and Market Structure: What Determines Banking Spreads in Armenia?” IMF Working Papers No. 07/134.
  • Eichengreen, B. 2002. “When to Dollarize.” Journal of Money, Credit, and Banking 34 (1): 1–24. doi:10.1353/mcb.2002.0028.
  • Entrop, O., C. Memmel, B. Ruprecht, and M. Wilkens. 2015. “Determinants of Bank Interest Margins: Impact of Maturity Transformation.” Journal of Banking and Finance 54: 1–19. doi:10.1016/j.jbankfin.2014.12.001.
  • Hausmann, R. 1999. “Should There Be Five Currencies or Five Hundred and Five?” Foreign Policy, no. 116: 65–79. doi:10.2307/1149644.
  • Maudos, J., and J. Fernández de Guevara. 2004. “Factors Explaining the Interest Margin in the Banking Sectors of the European Union.” Journal of Banking and Finance 28 (9): 2259–2281. doi:10.1016/j.jbankfin.2003.09.004.
  • Peria, M., M. Soledad, and M. Ashoka. 2004. “How Foreign Participation and Market Concentration Impact Bank Spreads: Evidence from Latin America.” Journal of Money, Credit, and Banking 36 (3): 517–537.
  • Philippon, T. 2015. “Has the US Finance Industry Become Less Efficient? On the Theory and Measurement of Financial Intermediation.” American Economic Review 105 (4): 1408–1438. doi:10.1257/aer.20120578.
  • Saunders, A., and L. Schumacher. 2000. “The Determinants of Bank Interest Rate Margins: An International Study.” Journal of International Money and Finance 19 (6): 813–832. doi:10.1016/S0261-5606(00)00033-4.
  • Thomas, H., and A. Saunders. 1981. “The Determinants of Bank Interest Margins: Theory and Empirical Evidence.” Journal of Financial and Quantitative Analysis 16 (4): 581–599. doi:10.2307/2330377.
  • Van Horen, N. 2007. “Foreign Banking in Developing Countries: Origin Matters.” Emerging Markets Review 8 (2): 81–105. doi:10.1016/j.ememar.2007.01.003.

Reprints and Corporate Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

To request a reprint or corporate permissions for this article, please click on the relevant link below:

Order Reprints Request Corporate Permissions

Academic Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

Obtain permissions instantly via Rightslink by clicking on the button below:

Request Academic Permissions

If you are unable to obtain permissions via Rightslink, please complete and submit this Permissions form. For more information, please visit our Permissions help page.

Related research

People also read lists articles that other readers of this article have read.

Recommended articles lists articles that we recommend and is powered by our AI driven recommendation engine.

Cited by lists all citing articles based on Crossref citations.
Articles with the Crossref icon will open in a new tab.