Banking Ssystems, central banks and international reserve accumulation in East Asian economies

Prakash Shrestha

Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), 2013, vol. 7, No 2013-14, 29 pages

Abstract: This paper examines changes in the balance sheets of the banking system in five East Asian economies which were affected by the 1997 Asian Crisis. These countries have persistently accumulated international reserves since the crisis. This paper estimates the impact of reserve accumulation on some important balance sheet variables such as liquid assets, credit and deposits of the banking system by applying panel data techniques. Estimates using data from Thailand, South Korea, Malaysia, Philippines and Indonesia show that there has been robust positive impact of reserve accumulation on the liquid assets and deposits of the banking system after controlling for the effect of other potential variables.

Keywords: international reserves; central banks; banking systems and East Asian countries (search for similar items in EconPapers)
JEL-codes: E58 F31 G21 (search for similar items in EconPapers)
Date: 2013
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Citations: View citations in EconPapers (4)

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http://dx.doi.org/10.5018/economics-ejournal.ja.2013-14
https://www.econstor.eu/bitstream/10419/71410/1/741335506.pdf (application/pdf)

Related works:
Working Paper: Banking systems, central banks and international reserve accumulation in East Asian economies (2012)
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:ifweej:201314

DOI: 10.5018/economics-ejournal.ja.2013-14

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