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

[1] The bank lending channel and monetary transmission in Central and Eastern European countries
Matousek, Roman
Sarantis, Nicholas
[J]. JOURNAL OF COMPARATIVE ECONOMICS, 2009, 37 (02) : 321 - 334
[2] The causes and nature of the rapid growth of bank credit in the Central, Eastern and South-Eastern European countries
Arcalean, Calin
Calvo-Gonzalez, Oscar
More, Csaba
van Rixtel, Adrian
Winkler, Adalbert
Zumer, Tina
[J]. RAPID CREDIT GROWTH IN CENTRAL AND EASTERN EUROPE: ENDLESS BOOM OR EARLY WARNING?, 2007, : 13 - +
[3] The Role of the Real Exchange Rate in Credit Growth in Central and Eastern European Countries: A Bank-Level Analysis
Frommel, Michael
Midilic, Murat
[J]. FINANCE A UVER-CZECH JOURNAL OF ECONOMICS AND FINANCE, 2016, 66 (05): : 426 - 452
[4] The role of the European Investment Bank in the countries of Central and Eastern Europe
Obolensky, A
[J]. FIFTY YEARS AFTER BRETTON WOODS: THE NEW CHALLENGE OF EAST-WEST PARTNERSHIP FOR ECONOMIC PROGRESS, 1996, : 177 - 183
[5] European financial crisis and bank productivity: evidence from Eastern European Countries
Kevork, Ilias S.
Kollias, Christos
Tzeremes, Panayiotis
Tzeremes, Nickolaos G.
[J]. APPLIED ECONOMICS LETTERS, 2018, 25 (04) : 283 - 289
[6] Foreign bank entry, bank efficiency and market power in Central and Eastern European Countries
Poghosyan, Tigran
Poghosyan, Arsen
[J]. ECONOMICS OF TRANSITION, 2010, 18 (03) : 571 - 598
[7] Assessing the Sustainability of Credit Growth: The case of Central and Eastern European Countries
Coudert, Virginie
Pouvelle, Cyril
[J]. EUROPEAN JOURNAL OF COMPARATIVE ECONOMICS, 2010, 7 (01): : 87 - 120
[8] Macroeconomic Determinants of Credit Risk: Evidence on the Impact on Consumer Credit in Central and Eastern European Countries
Kanapickiene, Rasa
Keliuotyte-Staniuleniene, Greta
Teresiene, Deimante
Spicas, Renatas
Neifaltas, Airidas
[J]. SUSTAINABILITY, 2022, 14 (20)
[9] BULDING AND ASSESSING CENTRAL BANK CREDIBILITY IN CENTRAL AND EASTERN EUROPEAN COUNTRIES
Dumiter, Florin Cornel
Puscas, Adriana
Paiusan, Luminita
[J]. METALURGIA INTERNATIONAL, 2013, 18 (03): : 181 - 185
[10] Central Bank Independence And Inflation Targeting In Central And Eastern European Countries
Dumiter, Florin Cornel
David, Delia
Soim, Horatiu
[J]. CREATING GLOBAL COMPETITIVE ECONOMIES: A 360-DEGREE APPROACH, VOLS 1-4, 2011, : 150 - 163

← 1 2 3 4 5 →