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The effects of exchange rate and interest rate shockcs on Bank lendng in Indonesia

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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

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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