Article ID Journal Published Year Pages File Type
5069651 Finance Research Letters 2016 4 Pages PDF
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
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