IDEAS home Printed from https://ideas.repec.org/a/aka/soceco/v37y2015i1p109-127.html
   My bibliography  Save this article

Banking contagion under different exchange rate regimes in CEE

Author

Listed:
  • Gábor Kutasi

    (Corvinus University of Budapest, Department of World Economy, Budapest, Hungary)

Abstract

The global crisis of 2008 caused both liquidity shortage and increasing insolvency in the banking system. The study focuses on credit default contagion in the Central and Eastern European (CEE) region, which originated in bank runs generated by non-performing loans granted to non-financial clients. In terms of methodology, the paper relies on the one hand on review of the literature, and on the other hand on a data survey with comparative and regression analysis. To uncover credit default contagion, the research focuses on the combined impact of foreign exchange rates and foreign private indebtedness.

Suggested Citation

  • Gábor Kutasi, 2015. "Banking contagion under different exchange rate regimes in CEE," Society and Economy, Akadémiai Kiadó, Hungary, vol. 37(1), pages 109-127, March.
    • Handle: RePEc:aka:soceco:v:37:y:2015:i:1:p:109-127
    Note: The research was financed by the 530069-LLP-1-2012-1-CZ-AJM-RE Jean Monnet LLP project, the TAMOP 4.2.4.A/2-11-1-2012-0001 National Excellence Program (co-financed by the EU, Hungary and the ESF), and by the Bolyai Janos Scholarship of the Hungarian Academy of Science.
    as

    Download full text from publisher

    File URL: http://akademiai.com/content/q4313206360q417n/fulltext.pdf
    Download Restriction: subscription
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Keywords

    financial contagion; banking; Central and Eastern Europe; foreign exchange rate; non-performing loan;
    All these keywords.

    JEL classification:

    • F31 - International Economics - - International Finance - - - Foreign Exchange
    • F37 - International Economics - - International Finance - - - International Finance Forecasting and Simulation: Models and Applications
    • G17 - Financial Economics - - General Financial Markets - - - Financial Forecasting and Simulation
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • G33 - Financial Economics - - Corporate Finance and Governance - - - Bankruptcy; Liquidation

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:aka:soceco:v:37:y:2015:i:1:p:109-127. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Kriston, Orsolya (email available below). General contact details of provider: https://akademiai.hu/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.