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The effects of exchange rate and interest rate shockcs on Bank lendng in Indonesia
Krugman used the Bernanke-Gertler model to explain the Asian Crisis. This model implies that macroeconomic shocks can decrease creit creation by reducing firms' creditworthiness or by eroding bank capital. Foreign banks in Indonesia should be less likely to restrict credit following macroeconomic shocks than domesic banks because they employed better risk management practices, they were less vulnerable to disintermediation, and their customers were largely hedged. Thus foreign banks were used as the control group. we found that interest and exchange rate shocks reduced bank capital and bank lending more greatly in domestic banks than in foreign banks. This indicates that the crisis curtailed the loan supply in Indonesia, forcing firms to reduce spending and output. .Baca di tempat
Ketersediaan
| Call Number | Location | Available |
|---|---|---|
| EFI-52-3-2004 | PSB lt.dasar - Pascasarjana | 1 |
| Penerbit | : Lembaga Penyelidikan Ekonomi dan Masyarakat FEUI |
|---|---|
| Edisi | - |
| Subjek | Exchange rate Interest rate Loan supply Indonesian economic crises |
| ISBN/ISSN | 0126155X |
| Klasifikasi | - |
| Deskripsi Fisik | - |
| Info Detail Spesifik | - |
| Other Version/Related | Tidak tersedia versi lain |
| Lampiran Berkas | Tidak Ada Data |