Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5107402 | Research in International Business and Finance | 2017 | 36 Pages |
Abstract
Using a comprehensive dataset on MENA banks, we examine whether CB governors use of macroprudential instruments affect bank risk. The findings indicate that the CB governors' use of such instruments does not significantly reduce bank risk. We propose two hypotheses as to why CB governor are inclined to employ such instruments. Based on the findings, it appears that the decision to use such instruments is dictated more by macroeconomic considerations as opposed to peer pressure concerns.
Related Topics
Social Sciences and Humanities
Business, Management and Accounting
Business and International Management
Authors
Saibal Ghosh,