Banking Policy and Commercial Bank Behaviour in Greece

Anthony S. Courakis and Gérard Vila

Chapter 10 in Competition and Regulation in Financial Markets, 1981, pp 220-266 from Palgrave Macmillan

Abstract: Abstract Although control of commercial banks is a feature to be found in all developed or developing economies, little attempt has to date been made to examine the implications of the variety of policy instruments employed for this purpose, on the behaviour of such institutions and hence on the extent to which stated objectives are achieved. Indeed, controls are often introduced, abolished or intensified on little more than an assertion of ability to identify the direction of impact of the measure in question, despite the fact that no clear perception, less so any precise quantitative appraisal, of the effect of the prior structure of controls exists.

Keywords: Interest Rate; Monetary Policy; Financial Market; Commercial Bank; Portfolio Selection (search for similar items in EconPapers)
Date: 1981
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DOI: 10.1007/978-1-349-05585-2_10

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