Determinants of Deposit and Credit Euroization in Eastern Europe: A Bayesian Model Averaging Evidence
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62156489%3A43110%2F19%3A43915922" target="_blank" >RIV/62156489:43110/19:43915922 - isvavai.cz</a>
Result on the web
<a href="https://www.sav.sk/journals/uploads/0712101805%2019%20Korab-SR.pdf" target="_blank" >https://www.sav.sk/journals/uploads/0712101805%2019%20Korab-SR.pdf</a>
DOI - Digital Object Identifier
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Alternative languages
Result language
angličtina
Original language name
Determinants of Deposit and Credit Euroization in Eastern Europe: A Bayesian Model Averaging Evidence
Original language description
The paper investigates the motives for deposit and credit euroization in Eastern Europe employing Bayesian empirical methodology. We analyse an extensive dataset of macroeconomic fundamentals, perception surveys and institutional quality indicators, and deal with the uncertainty in the model by Bayesian model averaging. Apart from traditional fundamental macroeconomic factors, strong institutions are found to be an important driver of both credit and deposit euroization. Business regulation, perception of corruption, quality of political arrangement and trade restrictions impact borrowing and saving behaviour in the euro and should be reflected in designing economic policies in the region.
Czech name
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Czech description
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Classification
Type
J<sub>imp</sub> - Article in a specialist periodical, which is included in the Web of Science database
CEP classification
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OECD FORD branch
50206 - Finance
Result continuities
Project
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Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace
Others
Publication year
2019
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
Ekonomický časopis
ISSN
0013-3035
e-ISSN
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Volume of the periodical
67
Issue of the periodical within the volume
5
Country of publishing house
SK - SLOVAKIA
Number of pages
17
Pages from-to
550-566
UT code for WoS article
000473587600005
EID of the result in the Scopus database
2-s2.0-85068972398