EconPapers    
Economics at your fingertips  
 

Monetary Policy and Bank Excessive Risk-Taking

Taha Zaghdoudi () and Samir Maktouf ()

Acta Universitatis Danubius. OEconomica, 2017, issue 13(2), 157-173

Abstract: The aim of this paper is to investigate the relationship between monetary policy and bank excessive risk-taking for a panel of 22 countries over the period 1990- 2014. The sample covers countries from Latin America, OECD and South East Asia. By performing panel cointegration and panel GMM models, results indicate that the adoption of an expansionary monetary policy through high money supply and low interest rates increases non-performing loans. However, a restrictive monetary policy with high interest rates attracts riskier investors.

Keywords: Monetary policy; non-performing loans; fully modified ols; panel GMM (search for similar items in EconPapers)
Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
http://journals.univ-danubius.ro/index.php/oeconomica/article/view/3909/3966 (application/pdf)

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:dug:actaec:y:2017:i:2:p:157-173

Access Statistics for this article

More articles in Acta Universitatis Danubius. OEconomica from Danubius University of Galati Contact information at EDIRC.
Bibliographic data for series maintained by Daniela Robu ().

 
Page updated 2019-03-31
Handle: RePEc:dug:actaec:y:2017:i:2:p:157-173