Pregled bibliografske jedinice broj: 666669
The effects of prudential policy measures on financial stability in post-transition countries
The effects of prudential policy measures on financial stability in post-transition countries // Zbornik radova Ekonomskog fakulteta u Rijeci : časopis za ekonomsku teoriju i praksu, 31 (2013), 9-34 (međunarodna recenzija, članak, znanstveni)
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Naslov
The effects of prudential policy measures on
financial stability in post-transition countries
Autori
Pečarić, Mario ; Visković, Josip
Izvornik
Zbornik radova Ekonomskog fakulteta u Rijeci : časopis za ekonomsku teoriju i praksu (1331-8004) 31
(2013);
9-34
Vrsta, podvrsta i kategorija rada
Radovi u časopisima, članak, znanstveni
Ključne riječi
prudential measures ; monetary controls ; financial stability ; bank-oriented financial systems ; panel data analysis
Sažetak
The empirical research of prudential measures effectiveness is still scarce, especially for central and southeast European countries. The aim of this paper is to analyze the effects of prudential policy on financial stability of post- transition bank-oriented countries using panel data analysis approach. Using the sample of central and southeast European countries for period 1998 – 2010 we found that these measures generally reduce the level of non-performing loans, increase the level of profitability, partially affect banking system liquidity, but do not improve credit to deposit ratio. We point out two main conclusions: (1) prudential measures positively affect banking system stability expressed through financial stability indicators ; (2) prudential measures represent important instrument of a central bank orchestra.
Izvorni jezik
Engleski
Znanstvena područja
Ekonomija
POVEZANOST RADA
Projekti:
MZOS-055-0000000-0861 - Financijska politika i financijsko-ekonomski okvir podrške SME (Vidučić, Ljiljana, MZOS ) ( CroRIS)
MZOS-081-0811403-1411 - Hrvatska financijska tržišta i institucije u procesu uključivanja u EU (Prohaska, Zdenko, MZOS ) ( CroRIS)
Ustanove:
Ekonomski fakultet, Split
Citiraj ovu publikaciju:
Časopis indeksira:
- Web of Science Core Collection (WoSCC)
- Social Science Citation Index (SSCI)
- SCI-EXP, SSCI i/ili A&HCI
- Scopus
- EconLit
Uključenost u ostale bibliografske baze podataka::
- ABI/INFORM
- EconLit