Le crédit domestique en période de supervision: une étude empirique des économies européennes

Thomas Jobert, Alexandru Monahov and Anna Tykhonenko ()

Revue économique, 2018, vol. 69, issue 4, 575-591

Abstract: We study the impact of prudential supervision on domestic credit in 27 European countries throughout 1999-2012.?We use the Empirical Iterative Bayes estimator to account for country heterogeneity.?We find: 1) the interest rate not to be a fundamental variable in explaining domestic credit, 2) negative correlation between the estimated coefficients of credit sensitivity to investment and to financial dependence, 3) that the effects of supervision on credit differ by country, but 4) that it is possible to achieve an increase in supervisory stringency with positive effects on credit in the context of unified financial supervision.

Keywords: prudential supervision; banking system supervision; financial institution regulation; Bayesian shrinkage estimator (search for similar items in EconPapers)
Date: 2018
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.cairn.info/load_pdf.php?ID_ARTICLE=RECO_PR2_0118 (application/pdf)
http://www.cairn.info/revue-economique-2018-4-page-575.htm (text/html)
free

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cai:recosp:reco_pr2_0118

Access Statistics for this article

More articles in Revue économique from Presses de Sciences-Po
Bibliographic data for series maintained by Jean-Baptiste de Vathaire ().