Ấn phẩm:
The impact of bank competition on bank loan supply of monetary policy transmission: The case of Vietnam
Nhan đề song song
Tác giả
Hoang Hoa Son Tra
Nguyen Thanh Phuc
Nguyen Thanh Phuc
Người hướng dẫn
Tác giả khác
Năm xuất bản
2022
Nhà xuất bản
Học viện Tài chính
Tóm tắt
This research aims to examine the role of competition in the potency of monetary policy transmission through bank loan supply for a comprehensive sample of Vietnamese commercial banks covering the period of 2007–2020. Employing a two-step system generalized method of moments (S-GMM) to address the dynamics of the regression model and endogeneity, the finding statistically shows the presence of the bank lending mechanism that monetary policy could pass-through. Moreover, monetary policy ineffectively transmits via bank loan supply for banks with more competitive ability, represented by a high level of bank-specific Lerner index, while controlling other significant factors. These findings are consistent with the use of diverse instruments of monetary policy and the inclusion approach of bank competition variables one by one into the model. Some policy implications are provided by considering the role of bank-specific competition in driving the bank lending monetary policy transmission.
Mục lục
Địa chỉ truy cập
Số trang
6
Ngôn ngữ
en
Trích dẫn
ISBN
ISSN
Định danh khác
Tài liệu chủ
Tài liệu tham khảo
Chủ đề
Bank competition , Monetary policy transmission , Bank lending channel , Vietnam
Kiểu tài liệu
Bài trích
Topic
Topic con
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