User Costs, the Financial Firm, and Monetary and Regulatory Policy

Maksim Isakin and Apostolos Serletis

No 2015-14, Working Papers from Department of Economics, University of Calgary

Abstract: We construct bank-level user costs of five financial goods using data on the U.S. commercial banks over the 1992 to 2013 period. Then we estimate the demand/supply system derived from bank variable profit function. We use the results to analyze the effect of key monetary policy instruments and financial regulation on the banking firm.

Date: 2015-01-01
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Related works:
Journal Article: USER COSTS, THE FINANCIAL FIRM, AND MONETARY AND REGULATORY POLICY (2020)
Working Paper: User Costs, the Financial Firm, and Monetary and Regulatory Policy (2018)
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