All

What are you looking for?

All
Projects
Results
Organizations

Quick search

  • Projects supported by TA ČR
  • Excellent projects
  • Projects with the highest public support
  • Current projects

Smart search

  • That is how I find a specific +word
  • That is how I leave the -word out of the results
  • “That is how I can find the whole phrase”

Financial stability in Europe: Banking and sovereign risk

The result's identifiers

  • Result code in IS VaVaI

    <a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216208%3A11230%2F18%3A10376531" target="_blank" >RIV/00216208:11230/18:10376531 - isvavai.cz</a>

  • Result on the web

    <a href="https://doi.org/10.1016/j.jfs.2018.03.001" target="_blank" >https://doi.org/10.1016/j.jfs.2018.03.001</a>

  • DOI - Digital Object Identifier

    <a href="http://dx.doi.org/10.1016/j.jfs.2018.03.001" target="_blank" >10.1016/j.jfs.2018.03.001</a>

Alternative languages

  • Result language

    angličtina

  • Original language name

    Financial stability in Europe: Banking and sovereign risk

  • Original language description

    We analyze the link between banking sector quality and sovereign risk in the whole European Union over 1999-2014. We employ four different indicators of sovereign risk (including market- and opinion-based assessments), a rich set of theoretically and empirically motivated banking sector characteristics, and a Bayesian inference in panel estimation as a methodology. We show that a higher proportion of non-performing loans is the single most influential sector-specific variable that is associated with increased sovereign risk. The sector&apos;s depth provides mixed results. The stability (capital adequacy ratio) and size (TBA) of the industry are linked to lower sovereign risk in general. Foreign bank penetration and competition (a more diversified structure of the industry) are linked to lower sovereign risk. Our results also support the wake-up call hypothesis in that markets re-appraised a number of banking sector-related issues in the pricing of sovereign risk after the onset of the sovereign crisis in Europe. (C) 2018 Published by Elsevier B.V.

  • Czech name

  • Czech description

Classification

  • Type

    J<sub>imp</sub> - Article in a specialist periodical, which is included in the Web of Science database

  • CEP classification

  • OECD FORD branch

    50201 - Economic Theory

Result continuities

  • Project

  • Continuities

    I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Others

  • Publication year

    2018

  • Confidentiality

    S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Data specific for result type

  • Name of the periodical

    Journal of Financial Stability

  • ISSN

    1572-3089

  • e-ISSN

  • Volume of the periodical

    36

  • Issue of the periodical within the volume

    June

  • Country of publishing house

    US - UNITED STATES

  • Number of pages

    17

  • Pages from-to

    305-321

  • UT code for WoS article

    000434490200021

  • EID of the result in the Scopus database

    2-s2.0-85046364461