SUPPLY DRIVEN LENDING ACTIVITIES IN THE EU: EVIDENCE FROM INSTRUMENTAL VARIABLES

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989100%3A27510%2F16%3A86098188" target="_blank" >RIV/61989100:27510/16:86098188 - isvavai.cz</a>
Alternative codes found
RIV/62156489:43110/16:43910338
Result on the web
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DOI - Digital Object Identifier
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Result language
angličtina
Original language name
SUPPLY DRIVEN LENDING ACTIVITIES IN THE EU: EVIDENCE FROM INSTRUMENTAL VARIABLES
Original language description
European countries, typical bank-based countries, are more reliant on bank credits and bank intermediation of savings, than the rest of the world. The objective of the paper is to identify link between bank lending activity, macroeconomic shocks and banking controls, with a special emphasize on the quality of bank asset. Using instrumental variables approach is quite unique in the field of monetary economics because endogeneity of all variables is generally agreed. Our intuition is based on a linear supply and demand framework where the quality of banking asset, as the instrument, is correlated with supply rather than demand shocks. The microeconomic data are provided by the Bankscope database; macroeconomic shocks are drawn from Eurostat on-line databases. We conclude that the level of impaired loans and loan-rate spread had an impact on bank loan activities in the post-crisis period (after 2008).
Czech name
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Czech description
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Project
<a href="/en/project/GA14-28848S" target="_blank" >GA14-28848S: Financial Crisis, Depreciation and Credit Crunch in CEECs</a><br>
Continuities
S - Specificky vyzkum na vysokych skolach

Publication year
2016
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection
Proceedings of 14th International Scientific Conference Economic Policy in the European Union Member Countries: September 14-16, 2016, Petrovice u Karviné, Czech Republic. Part 1
ISBN
978-80-7510-210-2
ISSN
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e-ISSN
neuvedeno
Number of pages
9
Pages from-to
294-302
Publisher name
Slezská univerzita v Opavě, Obchodně podnikatelská fakulta v Karviné
Place of publication
Opava
Event location
Petrovice u Karviné
Event date
Sep 14, 2016
Type of event by nationality
EUR - Evropská akce
UT code for WoS article
000403638200031

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