CEU Electronic Theses and Dissertations, 2018
| Author | Ürmössy, Gergely |
|---|---|
| Title | The influence of the European Central Bank's monetary policy on banks' behavior |
| Summary | I carry out empirical analysis to identify bank-specific factors and macroeconomic determinants that influence Euro Area banks’ profitability. After the identification of such variables, I aim to reveal whether the European Central Bank has any monetary policy tool to influence banks’ profitability either directly or indirectly through any of the uncovered determinants. From a policy point of view, it is very important to see clearly whether ultra-lax monetary policy erodes banks’ profitability and whether eroded profitability harms the monetary transmission mechanism. Additionally to existing literature, I include external financial equilibrium and expectations formulated by financial markets to my model and use a longer and broader dataset for the Euro Area as a whole. |
| Supervisor | Rátfai, Attila |
| Department | Economics MA |
| Full text | https://www.etd.ceu.edu/2018/urmossy_gergely.pdf |
Visit the CEU Library.
© 2007-2021, Central European University