Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/18530 
Full metadata record
DC FieldValueLanguage
dc.contributor.authorTalavera, Oleksandren
dc.contributor.authorTsapin, Andriyen
dc.contributor.authorZholud, Oleksandren
dc.date.accessioned2009-01-28T15:47:46Z-
dc.date.available2009-01-28T15:47:46Z-
dc.date.issued2006-
dc.identifier.urihttp://hdl.handle.net/10419/18530-
dc.description.abstractOur study investigates the link between bank lending behavior and macroeconomic uncertainty. We develop a dynamic model of a bank's value maximization that results in a negative relationship between loan to capital ratio and macroeconomic uncertainty. This proposition is tested using a panel of Ukrainian banks collected from NBU and covering the period 2003q1-2005q3. The results indicate that banks increase their lending ratios when macroeconomic uncertainty decreases. We demonstrate that our results are robust with respect to the measurement of macroeconomic uncertainty. The reaction of banks to changes in uncertainty is not uniform and depends on bank-specific characteristics.en
dc.language.isoengen
dc.publisher|aDeutsches Institut für Wirtschaftsforschung (DIW) |cBerlinen
dc.relation.ispartofseries|aDIW Discussion Papers |x637en
dc.subject.jelG28en
dc.subject.jelP34en
dc.subject.jelP27en
dc.subject.jelG21en
dc.subject.ddc330en
dc.subject.keywordBanksen
dc.subject.keywordmacroeconomic uncertaintyen
dc.subject.keywordUkraineen
dc.subject.keywordbanks' balance sheetsen
dc.titleMacroeconomic Uncertainty and Bank Lending: The Case of Ukraine-
dc.typeWorking Paperen
dc.identifier.ppn521132622en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen
dc.identifier.repecRePEc:diw:diwwpp:dp637en

Files in This Item:
File
Size
276.34 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.