Midlands State University Library
Image from Google Jackets

What drives bank lending in domestic and foreign currency loans in a small open transition economy with fixed exchange rate?: the Case of Macedonia/ created by Jane Bogoev

By: Material type: TextTextSeries: Comparative economic studies ; Volume 53, number 2Basingstoke: Palgrave Macmillan, 2011Content type:
  • text
Media type:
  • unmediated
Carrier type:
  • volume
ISSN:
  • 08887233
Subject(s): LOC classification:
  • HB90 COM
Online resources: Abstract: This paper investigates two different bank loan supply functions and their determinants according to the currency of bank loans in the Republic of Macedonia. There is robust statistical evidence in favour of the existence of a bank lending channel through foreign currency loans and the foreign reference interest rate. This suggests that the impact of domestic monetary policy over the bank lending channel is limited. The most significant bank-specific characteristic for the foreign currency loan supply function is bank size, whereas for the domestic currency loans no bank-specific variable plays a significant role.
Reviews from LibraryThing.com:
Tags from this library: No tags from this library for this title. Log in to add tags.
Star ratings
    Average rating: 0.0 (0 votes)
Holdings
Item type Current library Call number Vol info Copy number Status Notes Date due Barcode
Journal Article Journal Article Main Library - Special Collections HB90 COM (Browse shelf(Opens below)) Vol. 53, no.2 (pages 307-331) SP11434 Not for loan For In House Use Only

This paper investigates two different bank loan supply functions and their determinants according to the currency of bank loans in the Republic of Macedonia. There is robust statistical evidence in favour of the existence of a bank lending channel through foreign currency loans and the foreign reference interest rate. This suggests that the impact of domestic monetary policy over the bank lending channel is limited. The most significant bank-specific characteristic for the foreign currency loan supply function is bank size, whereas for the domestic currency loans no bank-specific variable plays a significant role.

There are no comments on this title.

to post a comment.