HETEROGENEITY OF EUROPEAN BANK LENDING AND THE ROLE OF ECONOMIC POLICY UNCERTAINTY

• Authors: Pastorek Daniel
• Languages of publication: EN

Abstracts

EN

The paper examines the relationship between bank lending activity and economic-policy uncertainty, using data from 1998 to 2018 for 7,844 banks from the European Union (28). Our findings demonstrate a negative impact of European uncertainty on bank lending. Importantly, we observe heterogeneity within the EU. While the impact on Western European countries is statistically significant, this effect has not been confirmed for Central and Eastern European Countries. This heterogeneity is also evident using different model specifications.

Keywords

EN

ECONOMIC POLICY UNCERTAINTY; BANK LENDING; EUROPEAN UNION

• Publisher: Institute of Slovak and World Economics and Institute for Forecasting, Slovak Academy of Sciences
• Journal: Ekonomický časopis (Journal of Economics)
• Year: 2023
• Volume: 71
• Issue: 3
• Pages: 258 – 278

Contributors

author

Pastorek Daniel

• Mendel University in Brno, Faculty of Business and Economics, Zemědělská 1, 613 00 Brno, Czech Republic

• https://orcid.org/0000-0003-3602-0671

Identifiers

DOI

https://doi.org/10.31577/ekoncas.2023.03.04