Název: An investigation of Foreign Currency loans exposure contribution to the soundness of the Financial System
Překlad názvu: An investigation of Foreign Currency loans exposure contribution to the soundness of the Financial System
Autoři: Özalan, Eda ; Tůma, Zdeněk (vedoucí práce) ; Jakubík, Petr (oponent)
Typ dokumentu: Diplomové práce
Rok: 2018
Jazyk: eng
Abstrakt: This thesis investigates the impact of foreign currency lending on financial stability for the case of Balkans, CEE and Balkans and CEE together. Such investigation has been carried out by identifying the impact of foreign currency lending across 3 main channels, which are: 1) households, 2) non-financial corporations, and 3) central government. This thesis was able to prove the foreign currency lending relevance, significance, main impact, and remarkable heterogeneity characterizing the Balkans and CEE samples. With respect to each of the subsamples and the full sample, the results can be summarized in 3 main points. For the case of Balkans, the financial instability has been identified to be transmitted through the household and government channels. Regarding the CEE, the dynamics are completely different as household channel provides mixed evidence, while the non-financial corporation one serves as the main transmission channel. When investigating the full sample, it has been pointed out that the prevailing dynamics reveal the non-financial corporation and government channels as the ones with the largest contribution to financial instability. JEL Classification C33, C36, F34, G20, G21, G32 Keywords Financial stability, foreign currency lending, household, non-financial corporation, central...
Klíčová slova: finanční stabilita; půjčky v zahraničních měnách; střední Evropa; systémové riziko; CEE countries; financial stability; FX loans; systemic risk

Instituce: Fakulty UK (VŠKP) (web)
Informace o dostupnosti dokumentu: Dostupné v digitálním repozitáři UK.
Původní záznam: http://hdl.handle.net/20.500.11956/99567

Trvalý odkaz NUŠL: http://www.nusl.cz/ntk/nusl-384895


Záznam je zařazen do těchto sbírek:
Školství > Veřejné vysoké školy > Univerzita Karlova > Fakulty UK (VŠKP)
Vysokoškolské kvalifikační práce > Diplomové práce