- Tytuł:
- Bank Risk-Taking in CEE Countries
- Autorzy:
-
Kouretas, Georgios P.
Tsoumas, Chris - Powiązania:
- https://bibliotekanauki.pl/articles/483359.pdf
- Data publikacji:
- 2013
- Wydawca:
- Polska Akademia Nauk. Czytelnia Czasopism PAN
- Tematy:
-
interest rates
bank risk-taking
panel data
russian and CEE banks - Opis:
- This study examines whether the lowering interest-rate environment in CEE countries since the early 2000’s increased bank risk-taking behaviour. We employ 6,979 annual observations from the Bankscope database over the period 1997-2011 and find a positive relationship between bank risk-taking, measured by risk assets, and interest rates. On the contrary, there is a negative relationship between non-performing loans and interest rates. These results are robust across a number of different specifications that account, inter alia, for the potential endogeneity of interest rates and/or the dynamics of bank risk. Moreover, we provide evidence that these findings are mainly driven by the banking sector of the Russian Federation rather than that of the rest CEE countries.
- Źródło:
-
Central European Journal of Economic Modelling and Econometrics; 2013, 5, 2; 103-123
2080-0886
2080-119X - Pojawia się w:
- Central European Journal of Economic Modelling and Econometrics
- Dostawca treści:
- Biblioteka Nauki
Artykuł