Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/154245 
Erscheinungsjahr: 
2015
Schriftenreihe/Nr.: 
ECB Working Paper No. 1812
Verlag: 
European Central Bank (ECB), Frankfurt a. M.
Zusammenfassung: 
In this study, we explore the relationship between certain structural features of the banking sectors in EU Member States and the performance of the respective banking sectors over the financial cycle. Using the financial cycle indicator developed by Stremmel (2015), we estimate the impact of the structural features of the banking sector on the amplitude of the financial cycle. Our results suggest that the concentration of the banking sector, the share of foreign banks, the size and stability of financial institutions, the share of foreign currency loans and financial inter-linkages contribute to the amplitude and hence the variability of financial cycles. This study provides important insights into the appropriate design of various structural and cyclical policy instruments as well.
Schlagwörter: 
banking sector characteristics
financial cycle
financial regulation
financial structure
JEL: 
E44
E61
G18
G21
G28
ISBN: 
978-92-899-1625-7
Dokumentart: 
Working Paper

Datei(en):
Datei
Größe
1.38 MB





Publikationen in EconStor sind urheberrechtlich geschützt.