Macroeconomic Shocks' Responses of Small and Large Banks in the Bank-Based Countries?

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62156489%3A43110%2F16%3A43910574" target="_blank" >RIV/62156489:43110/16:43910574 - isvavai.cz</a>

Nalezeny alternativní kódy

RIV/61989100:27510/16:86094834

Výsledek na webu

<a href="http://icfb.rs.opf.slu.cz/sites/icfb.rs.opf.slu.cz/files/kapounek_kucerova.pdf" target="_blank" >http://icfb.rs.opf.slu.cz/sites/icfb.rs.opf.slu.cz/files/kapounek_kucerova.pdf</a>

DOI - Digital Object Identifier

—

Jazyk výsledku

angličtina

Název v původním jazyce

Macroeconomic Shocks' Responses of Small and Large Banks in the Bank-Based Countries?

Popis výsledku v původním jazyce

Banking institutions play a really important role in the process of providing credit to economic agents and are responsible for recovery after the financial crisis in the Europe. The objective of the paper is to identify the link between the European bank lending activities, main macroeconomic shocks, and institutional variables in the sample of EU-27 countries within the period 1998 - 2013. To increase macroeconomic implications we removed possible market based economies in final results. In addition, we distinguish between large and small banks in the sample. The microeconomic data are provided by the Bankscope database, macroeconomic shocks and institutional data are drawn from Eurostat on-line database. We employ robust OLS estimator to identify the main determinants of bank lending activities. The results confirm significant impact of macroeconomic shocks, banking controls and institutional variables on European lending activity. Not surprisingly, the impact of monetary policy interest rates is debatable; this variable proved to be non-significant in all models. Instead, central bank financial assets played an important role in the process of bank lending activities.

Název v anglickém jazyce

Macroeconomic Shocks' Responses of Small and Large Banks in the Bank-Based Countries?

Popis výsledku anglicky

Banking institutions play a really important role in the process of providing credit to economic agents and are responsible for recovery after the financial crisis in the Europe. The objective of the paper is to identify the link between the European bank lending activities, main macroeconomic shocks, and institutional variables in the sample of EU-27 countries within the period 1998 - 2013. To increase macroeconomic implications we removed possible market based economies in final results. In addition, we distinguish between large and small banks in the sample. The microeconomic data are provided by the Bankscope database, macroeconomic shocks and institutional data are drawn from Eurostat on-line database. We employ robust OLS estimator to identify the main determinants of bank lending activities. The results confirm significant impact of macroeconomic shocks, banking controls and institutional variables on European lending activity. Not surprisingly, the impact of monetary policy interest rates is debatable; this variable proved to be non-significant in all models. Instead, central bank financial assets played an important role in the process of bank lending activities.

Druh

D - Stať ve sborníku

CEP obor

—

OECD FORD obor

50206 - Finance

Projekt

<a href="/cs/project/GA14-28848S" target="_blank" >GA14-28848S: Finanční krize, depreciace a credit crunch v zemích střední a východní Evropy</a><br>

Návaznosti

P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)

Rok uplatnění

2016

Kód důvěrnosti údajů

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

Název statě ve sborníku

Proceedings of the 15th International Conference on Finance and Banking

ISBN

978-80-7510-186-0

ISSN

—

e-ISSN

neuvedeno

Počet stran výsledku

12

Strana od-do

154-165

Název nakladatele

Slezská univerzita v Opavě

Místo vydání

Opava

Místo konání akce

Praha

Datum konání akce

13. 10. 2015

Typ akce podle státní příslušnosti

WRD - Celosvětová akce

Kód UT WoS článku

000447679800017