Bank competition and monetary policy in regulating economic leverage
- DOI
- 10.2991/978-2-38476-126-5_234How to use a DOI?
- Keywords
- Bank competition; Monetary policy; Economic leverage ratio
- Abstract
The purpose of this study is to investigate the relationship between bank competition, monetary policy regulation, and the economic leverage ratio, aiming to provide valuable insights for optimizing monetary policy and enhancing the competitiveness of the banking industry. Empirical data from the Chinese banking sector was utilized, and a multiple regression model was employed to analyze the influence of bank competition on the economic leverage ratio under monetary policy regulation, as well as to explore the underlying mechanisms. The results of the study indicate a significant impact of bank competition on the economic leverage ratio under monetary policy regulation, with a more pronounced effect observed when the market concentration within the banking industry is low. Additionally, the transmission mechanism of monetary policy plays an intermediary role in this process.
- Copyright
- © 2023 The Author(s)
- Open Access
- Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.
Cite this article
TY - CONF AU - LingLing Zeng AU - MengQiong Han AU - YiChen Zhou AU - Jie Zuo PY - 2023 DA - 2023/10/31 TI - Bank competition and monetary policy in regulating economic leverage BT - Proceedings of the 2023 7th International Seminar on Education, Management and Social Sciences (ISEMSS 2023) PB - Atlantis Press SP - 2051 EP - 2057 SN - 2352-5398 UR - https://doi.org/10.2991/978-2-38476-126-5_234 DO - 10.2991/978-2-38476-126-5_234 ID - Zeng2023 ER -