LEADER 05604oam 22010094 450 001 9910788345403321 005 20230721045651.0 010 $a1-4623-8202-9 010 $a1-4527-9549-5 010 $a1-4518-7073-6 010 $a1-282-84166-1 010 $a9786612841668 035 $a(CKB)3170000000055116 035 $a(EBL)1608027 035 $a(SSID)ssj0000943978 035 $a(PQKBManifestationID)11564340 035 $a(PQKBTitleCode)TC0000943978 035 $a(PQKBWorkID)10982169 035 $a(PQKB)11569324 035 $a(OCoLC)762160233 035 $a(MiAaPQ)EBC1608027 035 $a(IMF)WPIEE2008215 035 $a(EXLCZ)993170000000055116 100 $a20020129d2008 uf 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 10$aBanking Structure and Credit Growth in Central and Eastern European Countries /$fBurcu Aydin 210 1$aWashington, D.C. :$cInternational Monetary Fund,$d2008. 215 $a1 online resource (46 p.) 225 1 $aIMF Working Papers 225 0$aIMF working paper ;$vWP/08/215 300 $aDescription based upon print version of record. 311 $a1-4519-1526-8 320 $aIncludes bibliographical references. 327 $aContents; I. Introduction; Tables; 1: Market Share of Assets of Foreign-Owned Banks in the CEE Countries; II. The Impact of Foreign Bank Ownership; A. Introduction; Figures; 1: Ownership Structure by Regions; B. Data; C. Methodology; D. Concerns about Multicollinearity; E. Results; F. Robustness: Impact of Real Exchange Rate Jumps on the Value of Credit Growth; G. Robustness: Concerns about Endogeneity of the Foreign Ownership Variable; III. The Role of Foreign Parent Banks; A. Introduction; B. Data for Foreign Owned CEE Banks; C. Empirical Model; D. Results 327 $aE. Robustness: Do Parent Banks Have Different Managerial Strategies?IV. Conclusion; Appendix; A. Data Sources; 2: Coverage of Dataset as a Percent of Total Banking Assets of each CEE Country; B. Data Analysis; Summary Statistics for CEE Banks; Summary Statistics for CEE Subsidiaries and their Parent Banks; References; 3: Determinants of Bank Credit Growth in the CEE countries; 4: Determinants of Bank Credit Growth in the CEE countries; 5: Replicate of Table 3, Inflation Adjusted Credit Growth as the Dependent Variable 327 $a6: Replicate of Table 4, Inflation Adjusted Credit Growth as the Dependent Variable7: Panel Data Probit Estimation Results for Foreign Ownership Variable; 8: Hausman Specification Test for Foreign Ownership Dummy; 9: List of Parent Banks and their Affiliated Companies; 10: Determinants of Bank Credit Growth in the Foreign-Owned CEE Subsidiaries; 11: Determinants of Bank Credit Growth in the Foreign-Owned CEE Subsidiaries; 12: FE Regression Results for Cross-Sectional Varying Coefficients; 2: Credit Growth across Bank Ownership Types in the CEE Countries 327 $a13: Test of Different Coefficient Estimates across Affiliated Banks14: Summary Statistics for the CEE Countries; 15: Summary Statistics for Parent Banks and their CEE Subsidiaries 330 3 $aRecent developments have increased questions about vulnerabilities in Central and Eastern European Countries (CEE) that are experiencing credit booms. This paper analyzes the role of foreign-owned banks in these credit booms. The results show that the CEE countries depend on foreign banks, and these foreign banks depend on interbank funding. Lending by foreign banks seems driven by economic growth and interest rate margins. This lending appears independent of economic but not financial conditions in the foreign bank's home country. 410 0$aIMF Working Papers; Working Paper ;$vNo. 2008/215 606 $aBanks and banking$zEurope, Central$xEconometric models 606 $aBanks and banking$zEurope, Eastern$xEconometric models 606 $aCredit$zEurope, Central$xEconometric models 606 $aBanks and Banking$2imf 606 $aMoney and Monetary Policy$2imf 606 $aBanks$2imf 606 $aDepository Institutions$2imf 606 $aMicro Finance Institutions$2imf 606 $aMortgages$2imf 606 $aMonetary Policy, Central Banking, and the Supply of Money and Credit: General$2imf 606 $aBanking$2imf 606 $aMonetary economics$2imf 606 $aForeign banks$2imf 606 $aCredit$2imf 606 $aBank credit$2imf 606 $aState-owned banks$2imf 606 $aBanks and banking$2imf 606 $aBanks and banking, Foreign$2imf 607 $aCzech Republic$2imf 615 0$aBanks and banking$xEconometric models. 615 0$aBanks and banking$xEconometric models. 615 0$aCredit$xEconometric models. 615 7$aBanks and Banking 615 7$aMoney and Monetary Policy 615 7$aBanks 615 7$aDepository Institutions 615 7$aMicro Finance Institutions 615 7$aMortgages 615 7$aMonetary Policy, Central Banking, and the Supply of Money and Credit: General 615 7$aBanking 615 7$aMonetary economics 615 7$aForeign banks 615 7$aCredit 615 7$aBank credit 615 7$aState-owned banks 615 7$aBanks and banking 615 7$aBanks and banking, Foreign 676 $a332.109437 700 $aAydin$b Burcu$01493503 801 0$bDcWaIMF 906 $aBOOK 912 $a9910788345403321 996 $aBanking Structure and Credit Growth in Central and Eastern European Countries$93716505 997 $aUNINA