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Productivity change patterns in the Romanian banking system : the impact of size and ownership on total factor productivity

Munteanu, Anca; Brezeanu, Petre; Badea, Leonardo - In: Theoretical and applied economics : GAER review 20 (2013) 6, pp. 35-52

Persistent link: https://www.econbiz.de/10010185986

The external finance premium and the financial accelerator : the case of Turkey

Cambazoglu, Birgul; Karaalp, Hacer Simay - In: International journal of economic sciences and applied … 6 (2013) 1, pp. 103-121

The monetary transmission mechanisms have influence on saving and investment decisions of firms and households by affecting their balance sheets. This study examines the effects of monetary policy through the balance sheet channel (also known as ‘financial accelerator’), which affects net...

Persistent link: https://www.econbiz.de/10010160671

Net worth ratio and financial instability

Watanabe, Toshio - In: Journal of economic structures : JES; the official … 2 (2013), pp. 1-18

formulate a model of financing. New Keynesian theory emphasizes that a firm’s net worth influences investment decisions and … bank’s lending reaction to the net worth ratio is more elastic than investment reaction. When the steady state is the …

Persistent link: https://www.econbiz.de/10010186054