News-based Indicators as a Measure of Credit Market Integration in the Visegrad Countries
Identifikátory výsledku
Kód výsledku v IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F47813059%3A19520%2F10%3A%230000559" target="_blank" >RIV/47813059:19520/10:#0000559 - isvavai.cz</a>
Výsledek na webu
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DOI - Digital Object Identifier
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Alternativní jazyky
Jazyk výsledku
angličtina
Název v původním jazyce
News-based Indicators as a Measure of Credit Market Integration in the Visegrad Countries
Popis výsledku v původním jazyce
In this paper we assess with news-based indicators the extent to which credit markets in the Visegrad countries are integrated with euro zone countries and we test the hypothesis that markets of loans provided to nonfinancial companies are more integrated than markets of loans provided to households in the Visegrad countries. Analysis is based on monthly values of four interest rates for the period from January 2005 to March 2010. The tested hypothesis has been confirmed: we have found that wholesale markets (both short term and long term loans provided to nonfinancial companies) are really more integrated than retail markets (both consumer and mortgage loans provided to households).
Název v anglickém jazyce
News-based Indicators as a Measure of Credit Market Integration in the Visegrad Countries
Popis výsledku anglicky
In this paper we assess with news-based indicators the extent to which credit markets in the Visegrad countries are integrated with euro zone countries and we test the hypothesis that markets of loans provided to nonfinancial companies are more integrated than markets of loans provided to households in the Visegrad countries. Analysis is based on monthly values of four interest rates for the period from January 2005 to March 2010. The tested hypothesis has been confirmed: we have found that wholesale markets (both short term and long term loans provided to nonfinancial companies) are really more integrated than retail markets (both consumer and mortgage loans provided to households).
Klasifikace
Druh
O - Ostatní výsledky
CEP obor
AH - Ekonomie
OECD FORD obor
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Návaznosti výsledku
Projekt
<a href="/cs/project/GA402%2F08%2F0067" target="_blank" >GA402/08/0067: Finanční integrace nových členských zemí EU s eurozónou</a><br>
Návaznosti
P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)
Ostatní
Rok uplatnění
2010
Kód důvěrnosti údajů
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů