Theoretical and Applied Economics
No. 8 / 2014 (597)
Assessing integration of EU banking sectors using lending margins
Bucharest University of Economic Studies, Romania
Abstract. Banking integration is generally linked to price convergence. In addition to interest rates, we argue that lending margins provide important information regarding price setting convergence in banking sectors. House purchase and nonfinancial corporations (NFC) lending margins confirm that EU banking integration was affected by financial crises. There is a relatively higher convergence for NFC lending margins, while integration is deeper in the euroarea. The country specific analysis differentiates between integrated and dissimilar EU banking sectors. Besides their financial information content and direct economic impact, lending margins are useful measures of banking integration for policy decisions.
Contents
The analysis of regional earnings inequalities in Romania
Wavelet based sample entropy analysis: A new method to test weak form market efficiency
Assessing integration of EU banking sectors using lending margins
Measuring the governance in Pakistan: An introduction to KU Index
Importance of financial perspective indicators in Balanced Scorecard in a leasing company
Natural capital in the global crisis context
The development of Human Capital in the global crisis context