Results 1 to 10 of about 245 (162)
IFRS 9 and procyclicality of loan loss provision among Chinese regional banks, the role of local leaders' turnover. [PDF]
PLoS ONEThis research aims to investigate the impact of IFRS 9 adoption on the procyclicality and the role of the local leaders' turnover in this relationship.
Jiannan Yu +2 more
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Journal of Banking and Financial Economics, 2023 Procyclicality of credit supply, which refers to the simultaneous movement of credit issued to the non-financial sector alongside economic activity indicators, can create a destabilizing feedback loop between the banking system and the real economy.
Mateusz Pipień, Abhisek Anand
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Procyclicality or Reverse Causality? [PDF]
SSRN Electronic Journal, 2007 There is a large literature showing that fiscal policy is either acyclical or countercyclical in industrial countries and procyclical in developing countries. Most of this literature is based on OLS regressions that focus on the correlation between a fiscal variable (usually the budget balance or expenditure growth) and either GDP growth or some ...
Ugo Panizza, Dany Jaimovich
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RETESTING OF PROCYCLICALITY IN INDONESIAN SHARIA BANKING DURING THE COVID-19
Jurnal Ekonomi dan Bisnis Airlangga, 2023 Introduction: The Covid-19 pandemic is unique because the financial sector is usually affected earlier when a shock occurs, but in this incident, the real industry is more affected.
Mohamad Rifqi Fathoni +2 more
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The Procyclicality of Banking: Evidence from the Euro Area [PDF]
SSRN Electronic Journal, 2019 Loan loss provisions in the euro area are negatively related to GDP growth, i.e., they are procyclical. Loan loss provisions tend to be more procyclical at larger and better capitalized banks. The procyclicality of loan loss provisions can explain about two-thirds of the variation in bank capitalization over the business cycle.
Huizinga, Harry, Laeven, Luc
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The Vanishing Procyclicality of Labor Productivity [PDF]
SSRN Electronic Journal, 2010 AbstractWe document two changes in post-war US macroeconomic dynamics: the procyclicality of labour productivity vanished, and the relative volatility of employment rose. We propose an explanation for these changes that is based on reduced hiring frictions due to improvements in information about the quality of job matches and the resulting decline in ...
Jordi Galí, Thijs van Rens
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On graduation from fiscal procyclicality [PDF]
Journal of Development Economics, 2013 In the past, industrial countries have tended to pursue countercyclical or, at worst, acyclical fiscal policy. In sharp contrast, emerging and developing countries have followed procyclical fiscal policy, thus exacerbating the underlying business cycle.
Jeffrey A. Frankel +2 more
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Bank wholesale funding and credit procyclicality: Evidence from Korea [PDF]
Panoeconomicus, 2013 Credit procyclicality has recently been the focus of considerable attention, but what fuels the often excessive credit growth is rarely questioned.
Jeong Sangjun, Jung Hueechae
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Market Procyclicality and Systemic Risk [PDF]
SSRN Electronic Journal, 2012 We develop a model that captures, at the same time, the temporal dynamics of single-firm credit risk and the contagion across banks via a network of obligations and common assets. In particular, we enrich the continuous-time modelling approach of default by accounting explicitly for the procyclical loop between asset prices and leverage.
Tasca, P., Battiston, S.
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Banks’ Credit Losses and Provisioning over the Business Cycle: Implications for IFRS
Review of Economic Perspectives, 2022 This article examines the procyclicality of banks’ credit losses and provisions in the Czech Republic using pre-2018 data and then discusses the implications of the findings for provisioning in stage 3 under IFRS 9.
Malovaná Simona, Tesařová Žaneta
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