Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5069651 | Finance Research Letters | 2016 | 4 Pages |
Abstract
We show that price-cost margins for European banks are countercyclical after controlling for monetary policy, interest rate risk, and several banking industry and bank-specific factors. Our results support the existence of a “financial accelerator” at work in European economies.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Yener AltunbaÅ, Caterina Di Tommaso, John Thornton,