SUSTAINABLE BANKING, FINANCIAL STRENGTH AND THE BANK LENDING CHANNEL OF MONETARY POLICY
نویسندگان
چکیده
The aim of this article is to analyse how sustainable banking affects the transmission monetary policy through bank lending channel. We also quantify these effects are determined by financial strength each bank. These objectives, which have not been studied previously, represent an important contribution because real concerns in did emerged until recently, mainly with adoption Sustainable Development Goals that should be reached 2030. Since then, some studies focused on sustainability aspects such as profitability, risk or efficiency, but none has considered channel policy. In fact, central banks incorporated criteria into their agenda and analyzing include framework, so we contribute even more shedding light they depend sector. used quarterly data from 79 listed OECD between 2016 2019 (947 observations) found operative either for very low ratings a weak position. When increase becomes moderate, ineffective shocks do affect lending. For certain compromises strong position, impact opposite one proposes, intense increase. Finally, our results show increases assets boost only moderate ratings, regardless strength. Overall, suggest less dependent decisions.
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ژورنال
عنوان ژورنال: E+M. Ekonomie a Management
سال: 2023
ISSN: ['1212-3609', '2336-5064']
DOI: https://doi.org/10.15240/tul/001/2023-1-010