University of Calgary
Department of Economics
User Costs, the Financial Firm, and Monetary and Regulatory Policy
by Isakin, Maksim and Apostolos Serletis
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.
View this paper on RePEc
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.
View this paper on RePEc
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