Purpose

This study aims to examine a potential case of interdependence in loan and deposit interest rate setting.

Design/methodology/approach

The authors set up a theoretical microsimulation model with endogenous loan interest rate determination via a learning algorithm.

Findings

The authors show that in certain environments, it may be beneficial for large banks to incorporate information on retail funding costs into the lending rate setting decision.

Originality/value

The author’s model is based on the realistic money creation mechanism.

中文翻译：

---

货币创造与银行利率设定

目的

本研究旨在研究贷款和存款利率设置中相互依赖的潜在案例。

设计/方法/方法

作者建立了一个通过学习算法确定内生贷款利率的理论微观模拟模型。

发现

作者表明，在某些环境下，大型银行将零售融资成本信息纳入贷款利率设定决策可能是有益的。

原创性/价值

作者的模型是基于现实的货币创造机制。