ASYMMETRIC EFFECT OF BANK CREDIT CHANNEL FOR THE EASTERN EUROPEAN COUNTRIES

被引：2

作者：

Yildirim, Durmus Cagri ^{[1
]}

Turan, Tugba ^{[1
]}

Kantarci, Tugba ^{[1
]}

机构：

[1] Tekirdag Namik Kemal Univ, Dept Econ, TR-59030 Suleymanpasa, Tekirdag, Turkiye

来源：

SYMMETRY-CULTURE AND SCIENCE | 2023年 / 34卷 / 01期

关键词：

Bank Credit Channel; Monetary Policy; Threshold VAR; Eastern European Countries; MONETARY-POLICY; ECONOMIC-ACTIVITY; UNIT-ROOT; TRANSMISSION;

D O I：

10.26830/symmetry_2023_1_007

中图分类号：

O1 [数学];

学科分类号：

0701 ; 070101 ;

摘要：

In this study, the efficiency of the bank credit channel of the monetary transmission mechanism in the context of Eastern European countries (Bulgaria, Hungary, Poland, Romania, and Turkey) is examined. As an indicator of the monetary policy stance, the effects of central bank reserves, one of the non-traditional policy tools, are handled with non-linear methods. The analysis period varies according to the data availability of the countries (Bulgaria 2004:4-2020:5, Hungary 2004:4-2020:5, Poland 2009:3-2020:5; Romania 2007:1-2020:5 and Turkey 2005:1- 2020:5). The results show that the balance sheet strategy has asymmetric effects for countries.

引用

页码：7 / 25

页数：19

共 50 条

[21] The Effect of Bank Competition on the Cost of Credit: Empirical Evidence from the Visegrad Countries
Rahman, Ashiqur
Tvaronaviciene, Manuela
Smrcka, Lubos
Androniceanu, Armenia
ACTA POLYTECHNICA HUNGARICA, 2019, 16 (04) : 175 - 195
[22] Bank Capital Regulation with Asymmetric Countries
Eldridge, Damien S.
Ryoo, Heajin H.
Wieneke, Axel
ECONOMIC RECORD, 2015, 91 (292) : 79 - 90
[23] Is There an Asymmetric Effect Due to Foreign Direct Investment on the Exports of the Manufacturing and Service Sectors of Central, Eastern, and South-Eastern European Countries?
Kurtovic, Safet
Maxhuni, Nehat
Halili, Blerim
Maxhuni, Arta
EASTERN EUROPEAN ECONOMICS, 2024,
[24] Ownership, interest rates and bank risk-taking in Central and Eastern European countries
Drakos, Anastassios A.
Kouretas, Georgios P.
Tsoumas, Chris
INTERNATIONAL REVIEW OF FINANCIAL ANALYSIS, 2016, 45 : 308 - 319
[25] Determinants of credit ratings of European countries
Chodnicka, Patrycja
Jaworski, Piotr
Niewinska, Katarzyna
PROBLEMY ZARZADZANIA-MANAGEMENT ISSUES, 2014, 12 (04): : 111 - 131
[26] A bank lending channel or a credit supply shock?
Milcheva, Stanimira
JOURNAL OF MACROECONOMICS, 2013, 37 : 314 - 332
[27] BANK PROVISION CHANNEL AND CREDIT MARKET CYCLICALITY
Bouvatier, Vincent
Lepetit, Laetitia
REVUE ECONOMIQUE, 2011, 62 (01): : 67 - 85
[28] Effect of Bank Mergers on Client Firms: Evidence from the Credit Supply Channel
Montgomery, Heather
Takahashi, Yuki
JAPANESE ECONOMIC REVIEW, 2018, 69 (04) : 438 - 449
[29] Effect of Bank Mergers on Client Firms: Evidence from the Credit Supply Channel
Heather Montgomery
Yuki Takahashi
The Japanese Economic Review, 2018, 69 : 438 - 449
[30] Trade credit versus bank credit: a simultaneous analysis in European SMEs
María-José Palacín-Sánchez
Francisco-Javier Canto-Cuevas
Filippo di-Pietro
Small Business Economics, 2019, 53 : 1079 - 1096

← 1 2 3 4 5 →