About: The Influence of the Monetary Policy Rate on the Non-Performing Loans and their Determinants

Facets (new session)
Description
Metadata
Settings
- owl:sameAs
- Inference Rule:

About: The Influence of the Monetary Policy Rate on the Non-Performing Loans and their Determinants Goto Sponge NotDistinct Permalink

An Entity of Type : http://linked.opendata.cz/ontology/domain/vavai/Vysledek, within Data Space : linked.opendata.cz associated with source document(s)

Attributes	Values
rdf:type	skos:Concept http://linked.opendata.cz/ontology/domain/vavai/Vysledek
Description	In the recent years, an interest in the macroprudential policy, its role and interaction with the monetary policy has been rising. There is a need for cooperation between monetary policy makers and prudential regulators to achieve economic and financial stability because changes in monetary policy instruments can influence conducting of the macroprudential policy, and vice versa. The aim of this paper is to investigate the sensitivity of non-performing loans ratio (NPLR) and its macroeconomic determinants to the changes of monetary policy rate. In the empirical analysis we estimate Vector Autoregressive Model containing NPLR, lending rates of companies and households, real economic growth, changes in M2 money, changes in real effective exchange rate of the Czech Crown, and Czech National Banks´ monetary policy rate (two week repo rate). Based on the estimation results we found that there are different reactions of the households´ and companies´ lending rate to the monetary shock and NPLR does not significantly react to the changes of the repo rate. In the recent years, an interest in the macroprudential policy, its role and interaction with the monetary policy has been rising. There is a need for cooperation between monetary policy makers and prudential regulators to achieve economic and financial stability because changes in monetary policy instruments can influence conducting of the macroprudential policy, and vice versa. The aim of this paper is to investigate the sensitivity of non-performing loans ratio (NPLR) and its macroeconomic determinants to the changes of monetary policy rate. In the empirical analysis we estimate Vector Autoregressive Model containing NPLR, lending rates of companies and households, real economic growth, changes in M2 money, changes in real effective exchange rate of the Czech Crown, and Czech National Banks´ monetary policy rate (two week repo rate). Based on the estimation results we found that there are different reactions of the households´ and companies´ lending rate to the monetary shock and NPLR does not significantly react to the changes of the repo rate. (en)
Title	The Influence of the Monetary Policy Rate on the Non-Performing Loans and their Determinants The Influence of the Monetary Policy Rate on the Non-Performing Loans and their Determinants (en)
skos:prefLabel	The Influence of the Monetary Policy Rate on the Non-Performing Loans and their Determinants The Influence of the Monetary Policy Rate on the Non-Performing Loans and their Determinants (en)
skos:notation	RIV/61989100:27510/13:86086773!RIV14-MSM-27510___
http://linked.open...avai/riv/aktivita	P S
http://linked.open...avai/riv/aktivity	P(EE2.3.30.0016), S
http://linked.open...vai/riv/dodaniDat	2014
http://linked.open...aciTvurceVysledku	Melecký, Aleš Šulganová, Monika
http://linked.open.../riv/druhVysledku	D - Článek ve sborníku
http://linked.open...iv/duvernostUdaju	S - Úplné a pravdivé údaje nepodléhající ochraně podle zvláštních právních předpisů
http://linked.open...titaPredkladatele	Vysoká škola báňská - Technická univerzita Ostrava / Ekonomická fakulta
http://linked.open...dnocenehoVysledku	79999
http://linked.open...ai/riv/idVysledku	RIV/61989100:27510/13:86086773
http://linked.open...riv/jazykVysledku	eng - angličtina
http://linked.open.../riv/klicovaSlova	macroeconomic and financial stability, macroprudential policy, monetary policy, non-performing loans, monetary policy rate, Vector Autoregressive Model, impulse response analysis (en)
http://linked.open.../riv/klicoveSlovo	monetary policy macroprudential policy Vector Autoregressive Model impulse response analysis macroeconomic and financial stability monetary policy rate non-performing loans
http://linked.open...ontrolniKodProRIV	[77BFDBE8195E]
http://linked.open...v/mistoKonaniAkce	Ostrava
http://linked.open...i/riv/mistoVydani	Ostrava
http://linked.open...i/riv/nazevZdroje	Proceedings of the 11th International Conference Economic Policy in the European Union Member Countries : [18.-20. September 2013, Ostrava]
http://linked.open...in/vavai/riv/obor	AH
http://linked.open...ichTvurcuVysledku	2 (xsd:int)
http://linked.open...cetTvurcuVysledku	2 (xsd:int)
http://linked.open...vavai/riv/projekt	Opportunities for young researchers
http://linked.open...UplatneniVysledku	2013
http://linked.open...iv/tvurceVysledku	Šulganová, Monika Melecký, Aleš
http://linked.open...vavai/riv/typAkce	WRD - Světová
http://linked.open.../riv/zahajeniAkce	2013-09-18 (xsd:date)
number of pages	9 (xsd:int)
http://purl.org/ne...btex#hasPublisher	Vysoká škola báňská - Technická univerzita Ostrava
https://schema.org/isbn	978-80-248-3095-7
http://localhost/t...ganizacniJednotka	27510

Faceted Search & Find service v1.16.118 as of Jun 21 2024

Alternative Linked Data Documents: ODE Content Formats:

RDF

ODATA

Microdata

About

OpenLink Virtuoso version 07.20.3240 as of Jun 21 2024, on Linux (x86_64-pc-linux-gnu), Single-Server Edition (126 GB total memory, 77 GB memory in use)
Data on this page belongs to its respective rights holders.
Virtuoso Faceted Browser Copyright © 2009-2024 OpenLink Software