Wpływ rotacji na stanowisku prezesa banku centralnego i wahań kredytu na koszty kryzysów bankowych
DOI:
https://doi.org/10.18559/SOEP.2017.8.3Słowa kluczowe:
Kredyt bankowy, Kryzys bankowy, Niezależność banku centralnego, Kredyt, Banki centralne, Model HeckmanaAbstrakt
Tematem artykułu jest wpływ rotacji na stanowisku prezesa banku centralnego i wahań kredytu krajowego na prawdopodobieństwo wystąpienia i koszty kryzysów bankowych. Wykorzystując dane dla 83 przypadków kryzysów w krajach rozwiniętych i wschodzących oraz model Heckmana, pokazano, że jedynie nieregularne zmiany oraz wahania kredytu mają wpływ zarówno na koszty kryzysów bankowych, jak i ich wybuchy. Wzrost kredytu zgodny z trendem zwiększa jedynie prawdopodobieństwo kryzysu.
Pobrania
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