How can tourism be developed in a way that minimizes environmental and social impacts?

Mar 2, 2020 ... Maturity Transformation – Banks v MMFs. 1 Crane Data. 2 Banks, Maturity Transformation, and Monetary Policy 9/2020, Pascal Paul, Federal ... So the maturity transformation related to interest rate risk measures the time elapse until the next readjustment of interest rates, which will be at most ... We show that maturity transformation does not expose banks to interest rate risk - it hedges it. The reason is the deposit franchise, which allows banks to ... Apr 23, 2025 ... We examine how liquidity risk stemming from wholesale deposits affects banks' credit supply and maturity transformation. We use data from ... Our results have interesting implications for the effects of monetary policy on bank maturity transformation and credit availability. JEL Codes: E44, E51 ... Open banking reduces resource allocation efficiency, narrows bank spread, and enhances financial inclusion. Maturity transformation affects the impact of open. Jan 22, 2024 ... Umut Şener, Development of a Maturity Index for Digital Transformation in Organizations ... Maturity structures, such as maturity index ... Abstract. Banks engage in maturity transformation and the term premium compensates them for bearing the associated interest rate risk. Consistent with this view ... Mar 16, 2011 ... banks, into the non-bank intermediation channel, with MMMFs performing large scale maturity transformation, with hedge funds employing leverage,. Mar 22, 2017 ... We show that maturity transformation does not expose banks to interest rate risk---it hedges it. The reason is the deposit franchise, which ...