Naslov
Credit Growth – an Outcome of Macroeconomic or Banking Sector Development or Both? Evidence from CEE Countries

Autori
Kundid Novokmet, Ana ; Bojić, Iris

Vrsta, podvrsta i kategorija rada
Poglavlja u knjigama, znanstveni

Knjiga
EU Future Perspectives: Innovation, Entrepreneurship & Economic Policy

Urednik/ci
Rabar, Danijela ; Černe, Ksenija ; Zenzerović, Robert

Izdavač
Sveučilište Jurja Dobrile u Puli

Grad
Pula

Godina
2016

Raspon stranica
13-29

ISBN
978-953-7320-24-9

Ključne riječi
Credit growth ; Banking sector determinants ; Macroeconomic determinants ; CEE countries

Sažetak
A rapid credit growth usually precedes the financial instability periods and later on the credit crunch. Thus, the prudential authorities started to pay more attention recently to various modes of the countercyclical regulatory measures, aimed to prevent “overheating” and “freezing” of the economy throughout the credit booms and busts, respectively. Nevertheless, before the proposals on banking stability measures are made and implementation started, an answer should be given on the problem cause. Thus, in the paper we question the origin of the credit growth in the 15 Central and Eastern European countries in the period from 2000- 2011 using the panel data analysis. We confirm that the credit growth is driven by both, the macroeconomic and the banking industry variables.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija

Napomena
This paper is an outcome of the thesis written by I. Bojić under the supervision of A. Kundid at the university graduate degree program in Economics, Economic policy and financial markets course of study, at the Faculty of Economics, University of Split. The thesis oral exam was successfully completed on 26/09/2014.

POVEZANOST RADA