Veselinovič, Draško; Fabijan, Janez; Vadnjal, Jaka - In: Journal of central banking theory and practice 12 (2023) 2, pp. 33-62
Union (EMU) banking sector. The paper's central hypothesis that capital adequacy of the EMU banking sector influenced credit … the same time, more than 23% of loans' variability might be explained by variability in capital adequacy. All significance …, the sub-hypothesis that higher capital adequacy resulted in negative credit growth was supported for the crisis period. We …