BANKING MARKET INTEGRATION IN THE SADC COUNTRIES: EVIDENCE FROM INTEREST RATE ANALYSES
Meshach Aziakpono (),
Stefanie Kleimeier () and
Post-Print from HAL
This study investigates the state, development and drivers of banking market integration in the member countries of the Southern African Development Community. A principal component analysis of national retail interest rates indicates increasing integration in loan and deposit markets. These integration processes are not developing uniformly and we can identify a convergence club. When investigating the interest rate pass-through from central bank onto retail rates for this convergence club, we find both, genuine and monetary-integration driven processes though the latter dominate. We thus conclude that a selective expansion of the Common Monetary Area is possible.
Keywords: Social; Sciences; &; Humanities (search for similar items in EconPapers)
Note: View the original document on HAL open archive server: https://hal.archives-ouvertes.fr/hal-00712383
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1) Track citations by RSS feed
Published in Applied Economics, Taylor & Francis (Routledge), 2011, pp.1. ⟨10.1080/00036846.2011.583219⟩
Downloads: (external link)
Journal Article: Banking market integration in the SADC countries: evidence from interest rate analyses (2012)
Working Paper: Banking market Integration in the SADC countries: evidence from interest rate analyses (2007)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-00712383
Access Statistics for this paper
More papers in Post-Print from HAL
Bibliographic data for series maintained by CCSD ().