The central bank of the Philippines (Bangko Sentral ng Pilipinas, BSP) has improved its monetary policy measures since the 2000s. After rationalizing the country's banking sector since late-1990s, its monetary policy and the uniiversal/commercial banks' (UCBs) behavior in allocating their assets has changed since mid-2000s. Though further and more detailed studies are nesessary, based on the results of simple correlation analyses conducted in this paper suggest a possible mixture of the country's monetary policy and their own decision-making in asset allocations, instead of a "follow-through" attitude.
権利
Copyrights 日本貿易振興機構（ジェトロ）アジア経済研究所 / Institute of Developing Economies, Japan External Trade Organization (IDE-JETRO) http://www.ide.go.jp
雑誌名
IDE Discussion Paper
雑誌名(英)
IDE Discussion Paper
巻
586
発行年
2016-03-01
出版者
Institute of Developing Economies (IDE-JETRO)
著者版フラグ
publisher
日本十進分類法
338.3
JEL分類
JEL:E42 - Monetary Systems; Standards; Regimes; Government and the Monetary System
JEL:E52 - Monetary Policy
JEL:G38 - Government Policy and Regulation
地域/国名
フィリピン
キーワード(LSH)
Monetary policy
Banks
Monetary policy measure
Universal and commercial banks
The Philippines
Asset composition of the Philippines' universal and commercial banks : monetary policy or self-discipline?
本文
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