Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/247684 
Erscheinungsjahr: 
2021
Schriftenreihe/Nr.: 
Deutsche Bundesbank Discussion Paper No. 46/2021
Verlag: 
Deutsche Bundesbank, Frankfurt a. M.
Zusammenfassung: 
Using granular data of German banks for the 2003 to 2018 period, we analyse the determinants of bank rates on retail deposits. We find that a bank's rate on sight deposits is especially low if the bank operates in rural districts, if it is not exposed to strong competition and if it provides much service. Regarding the rates on term deposits, we find that the bank's cost situation plays a role: if the bank's costs are high, its deposit rates are low. By transferring concepts from portfolio theory to the pass-through topic, we show that replicating portfolio approaches, which are used mainly by smallbanks, are often equivalent to regression approaches and that,under some assumptions, the classical regression approach corresponds to a replicating portfolio approach.
Schlagwörter: 
Pass through
bank deposits
replicating portfolio approach
JEL: 
G21
ISBN: 
978-3-95729-854-6
Dokumentart: 
Working Paper
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