- Tytuł:
- Assessment of EU banking network regionalization during post-crisis period
- Autorzy:
-
Gaigaliene, Asta
Jurakovaite, Otilija
Legenzova, Renata - Powiązania:
- https://bibliotekanauki.pl/articles/19079550.pdf
- Data publikacji:
- 2018
- Wydawca:
- Instytut Badań Gospodarczych
- Tematy:
-
cross-border banking
regionalization
network analysis
financial connectedness
EU banking network - Opis:
- Research background: Recent financial crisis of 2007-2008 has influenced global banking system and led to reduction of cross-border bank lending in the EU and worldwide. Global banking network has been analysed extensively in prior or post-crisis periods, but the literature on regionalization is scarce, especially with regard to the banking sector in the EU. Moreover, in previous empirical research evaluation of banking sector regionalization using network analysis methodology has not been yet applied. Purpose of the article: The aim of the article is to map the EU banking network and to assess its regionalization during post-crisis period. Methods: the paper employs comparative literature analysis and synthesis; BIS bilateral interbank cross-border claim yearly flows matrix data and network analysis method (including network mapping, structural and comparative analysis and the data of intraregional and interregional banking network matrices) to assess the changes in regionalization of the EU banking system. Findings & Value added: The results of the research show that during post-crisis period both, EU 12 and EU 28, banking networks became more clustered and more decentralized; also the level of regionalization within the EU banking network increased. Such results prove that the EU banking network has undergone structural changes with respect to bilateral interbank cross-border claims. This research adds to the knowledge of regionalization processes within the EU banking network during the post-crisis period and intends to be beneficial for market participants, EU level governmental bodies and financial policy makers.
- Źródło:
-
Oeconomia Copernicana; 2018, 9, 4; 655-675
2083-1277 - Pojawia się w:
- Oeconomia Copernicana
- Dostawca treści:
- Biblioteka Nauki