Bank Credit Extension and Real Economic Activity in South Africa The Impact of Capital Flow Dynamics, Bank Regulation and Selected Macro-prudential Tools /

• Κύριοι συγγραφείς: Gumata, Nombulelo (Συγγραφέας), Ndou, Eliphas (Συγγραφέας)
• Συγγραφή απο Οργανισμό/Αρχή: SpringerLink (Online service)
• Μορφή: Ηλεκτρονική πηγή Ηλ. βιβλίο
• Γλώσσα: English
• Έκδοση: Cham : Springer International Publishing : Imprint: Palgrave Macmillan, 2017.
• Θέματα: Finance.; Banks and banking.; Macroeconomics.; International economics.; Banking.; Macroeconomics/Monetary Economics//Financial Economics.; International Economics.

This book presents empirical evidence that supports and facilitates a practical, integrated approach to how bank regulatory and selected macro-prudential tools interact with monetary policy to achieve price and financial stability. The empirical results contained in various chapters accompany in-dep...

Πίνακας περιεχομένων:

• Chapter 1) Introduction
• Chapter 2)The inverse transmission of positive global liquidity shocks into the South African economy
• Chapter 3) The impact of capital flows on credit extension: the counterfactual approach
• Chapter 4) Capital flow episode shocks, global risk and credit growth
• Chapter 5) Do bank and non-bank capital flows induce sectorial reallocation of credit away from the household sector?
• Chapter 6) Do components of capital flows induce sectorial reallocation of credit away from companies?
• Chapter 7) Stock returns, volatility and bust effects on economic growth
• Chapter 8) The interaction between credit conditions, monetary policy and economic activity
• Chapter 9) Credit conditions and the amplification of exchange rate depreciation and other unexpected macroeconomic shocks
• Chapter 10) What does the adjustment of the lending-deposit rate spread tell us about collusive behaviour pricing, transaction costs and adverse customer reaction?
• Chapter 11) Adverse credit supply shocks and weak economic growth
• Chapter 12) Credit supply shocks and real economic activity
• Chapter 13) Credit growth threshold and the nonlinear transmission of credit shocks
• Chapter 14) Credit regimes and the balance sheet effects
• Chapter 15) The banking risk-taking channel of monetary policy in South Africa
• Chapter 16) Financial regulation policy uncertainty and the sluggish recovery in credit growth
• Chapter 17) Excess capital adequacy and liquid asset holdings and credit
• Chapter 18) Credit loss provisions as a macro-prudential tool
• Chapter 19) The National Credit Act, monetary policy and credit growth
• Chapter 20) Loan-to-value ratios, contractionary monetary policy and inflation expectations
• Chapter 21) Repayment-to-income and loan-to-value ratios shocks on the housing market.