Artikel
Who responds more to monetary policy, conventional banks or participation banks?
In this paper I investigate whether there is a systematic difference between conventional banks and participation banks in terms of their response to monetary policy shocks. For this purpose I look at the quarterly loan growth of commercial banks and participation banks in Turkish banking sector and see whether the lending channel of monetary policy differs depending on bank type. At the same time, I control for some bank specific variables, namely the log of real assets, the ratio of liquid assets to total assets and the ratio of equity to total assets. I find that participation banks show larger reaction to monetary policy. In terms of bank specific variables, banks with higher liquidity ratio tend to have higher loan growth, whereas banks with larger asset size have smaller loan growth.
- Language
-
Englisch
- Bibliographic citation
-
Journal: Journal of Economics, Finance and Administrative Science ; ISSN: 2218-0648 ; Volume: 17 ; Year: 2012 ; Issue: 33 ; Pages: 10-14 ; Barcelona: Elsevier España
- Classification
-
Wirtschaft
Money Supply; Credit; Money Multipliers
Monetary Policy
Banks; Depository Institutions; Micro Finance Institutions; Mortgages
- Subject
-
Lending channel
Participation banks
Commercial banks
Flujo crediticio
Bancos participativos
Bancos comerciales
- Event
-
Geistige Schöpfung
- (who)
-
Macit, Fatih
- Event
-
Veröffentlichung
- (who)
-
Elsevier España
- (where)
-
Barcelona
- (when)
-
2012
- DOI
-
doi:10.1016/S2077-1886(12)70003-3
- Handle
- Last update
-
10.03.2025, 11:44 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Artikel
Associated
- Macit, Fatih
- Elsevier España
Time of origin
- 2012
Other Objects (12)
Bank ownership, lending relationships and capital structure: Evidence from Spain
Frontier efficiency, capital structure, and portfolio risk: An empirical analysis of U.S. banks
The poetry of intriguing ideas, logical arguments and rigorous methods in management
Effects of fiscal deficit and money M2 supply on inflation: Evidence from selected economies of Asia
“Where do you want to take your family firm?” : A theoretical and empirical exploratory study of family business goals
Growth and structure of authorship and co-authorship network in the strategic management realm: Evidence from the Strategic Management Journal
The impact of risk and mobility in dualistic models: Migration under random shocks
Spatial equilibrium, market integration and price exogeneity in dry fish marketing in Nigeria: A vector auto-regressive (VAR) approach
Cheat to win: How to hack tournament theory
The readability of international illustration of auditor's report: An advanced reflection on the compromise between normative principles and linguistic requirements
Aid allocation, selectivity, and the quality of governance
Building the future on solid fundations
Bank ownership, lending relationships and capital structure: Evidence from Spain
Frontier efficiency, capital structure, and portfolio risk: An empirical analysis of U.S. banks
The poetry of intriguing ideas, logical arguments and rigorous methods in management
Effects of fiscal deficit and money M2 supply on inflation: Evidence from selected economies of Asia
“Where do you want to take your family firm?” : A theoretical and empirical exploratory study of family business goals
Growth and structure of authorship and co-authorship network in the strategic management realm: Evidence from the Strategic Management Journal
The impact of risk and mobility in dualistic models: Migration under random shocks
Spatial equilibrium, market integration and price exogeneity in dry fish marketing in Nigeria: A vector auto-regressive (VAR) approach
Cheat to win: How to hack tournament theory
The readability of international illustration of auditor's report: An advanced reflection on the compromise between normative principles and linguistic requirements
Aid allocation, selectivity, and the quality of governance
Building the future on solid fundations
Bank ownership, lending relationships and capital structure: Evidence from Spain
Frontier efficiency, capital structure, and portfolio risk: An empirical analysis of U.S. banks
The poetry of intriguing ideas, logical arguments and rigorous methods in management
Effects of fiscal deficit and money M2 supply on inflation: Evidence from selected economies of Asia
“Where do you want to take your family firm?” : A theoretical and empirical exploratory study of family business goals
Growth and structure of authorship and co-authorship network in the strategic management realm: Evidence from the Strategic Management Journal
The impact of risk and mobility in dualistic models: Migration under random shocks
Spatial equilibrium, market integration and price exogeneity in dry fish marketing in Nigeria: A vector auto-regressive (VAR) approach
Cheat to win: How to hack tournament theory
The readability of international illustration of auditor's report: An advanced reflection on the compromise between normative principles and linguistic requirements
Aid allocation, selectivity, and the quality of governance