Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/4289 
Kompletter Metadatensatz
DublinCore-FeldWertSprache
dc.contributor.authorDovern, Jonasen
dc.contributor.authorMeier, Carsten-Patricken
dc.contributor.authorVilsmeier, Johannesen
dc.date.accessioned2009-01-28T14:31:11Z-
dc.date.available2009-01-28T14:31:11Z-
dc.date.issued2008-
dc.identifier.urihttp://hdl.handle.net/10419/4289-
dc.description.abstractMacro-stress testing studies often rely on rather short sample periods due to the limited availability of banking data. They may fail to appropriately account for the cyclicality in the interaction between the banking system and macroeconomic developments. In this paper we use a newly constructed data set on German banks' income and loss statements over the past 36 years to model the interaction between the banking sector and the macroeconomy. Our identified-VAR analysis indicates that the level of stress in the banking sector is strongly affected by monetary policy shocks. The results rationalize the active behavior of central banks observed during periods of financial market crises.en
dc.language.isoengen
dc.publisher|aKiel Institute for the World Economy (IfW) |cKielen
dc.relation.ispartofseries|aKiel Working Paper |x1419en
dc.subject.jelC32en
dc.subject.jelE44en
dc.subject.ddc330en
dc.subject.keywordBankingen
dc.subject.keywordVARen
dc.subject.keywordStress testingen
dc.subject.stwBankensystemen
dc.subject.stwFinanzmarktkriseen
dc.subject.stwKonjunkturen
dc.subject.stwSchocken
dc.subject.stwGeldpolitiken
dc.subject.stwVAR-Modellen
dc.subject.stwDeutschlanden
dc.titleHow resilient is the German banking system to macroeconomic shocks?-
dc.typeWorking Paperen
dc.identifier.ppn565654969en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen
dc.identifier.repecRePEc:zbw:ifwkwp:1419en

Datei(en):
Datei
Größe
415.43 kB





Publikationen in EconStor sind urheberrechtlich geschützt.