Add to ORKGIn this paper we ask a question about the impact of monetary policy on total bank lending in the presence of a developed market for foreign currency denominated loans and potential substitutability between domestic and foreign currency loans. Our results, based on a panel of three biggest Central European countries (the Czech Republic, Hungary and Poland) confirm the existence of the substitution effect between these loans. Restrictive monetary policy leads to a decrease in domestic currency lending but simultaneously accelerates foreign currency denominated loans. This makes the central bank's job harder with respect to providing both, monetary and financial stability
I found that during booming years national policy makers were strongly constrained to decrease or ef...
We study the impact of monetary policy on the supply of bank credit when bank lending is denominated...
The paper analyses the potential for lending booms in the three biggest new EU Member States (the Cz...
In this paper we ask a question about the impact of monetary policy on total bank lending in the pre...
We provide new evidence on bank ownership and transmission of monetary policy using bank‐level data ...
Between 2004 and 2008 low-interest foreign currency based loans, and above all household loans, beca...
AbstractForeign currency loans (FCL) have been commonly used in many developing countries in Europe ...
The aim of this study is to analyze the monetary policy rules in the Czech Republic, Hungary and Pol...
In recent years, most countries in Central and Eastern Europe, Member States of the EU, that we sele...
The ongoing process of globalization has affected the way the monetary policy is conducted – and thi...
With this work, I aim to enrich the knowledge about the monetary policy transmission mechanism in th...
Currency substitution exists when currency of some other country is used parallel to or instead of ...
This study analyses the Czech, Hungarian, and Polish currencies by examining the statistical charac...
The institution of a bank mortgage denominated/indexed to foreign currency (referred to generally an...
The paper deals with the relationship between monetary policy and asset prices. Besides surveying th...
I found that during booming years national policy makers were strongly constrained to decrease or ef...
We study the impact of monetary policy on the supply of bank credit when bank lending is denominated...
The paper analyses the potential for lending booms in the three biggest new EU Member States (the Cz...
In this paper we ask a question about the impact of monetary policy on total bank lending in the pre...
We provide new evidence on bank ownership and transmission of monetary policy using bank‐level data ...
Between 2004 and 2008 low-interest foreign currency based loans, and above all household loans, beca...
AbstractForeign currency loans (FCL) have been commonly used in many developing countries in Europe ...
The aim of this study is to analyze the monetary policy rules in the Czech Republic, Hungary and Pol...
In recent years, most countries in Central and Eastern Europe, Member States of the EU, that we sele...
The ongoing process of globalization has affected the way the monetary policy is conducted – and thi...
With this work, I aim to enrich the knowledge about the monetary policy transmission mechanism in th...
Currency substitution exists when currency of some other country is used parallel to or instead of ...
This study analyses the Czech, Hungarian, and Polish currencies by examining the statistical charac...
The institution of a bank mortgage denominated/indexed to foreign currency (referred to generally an...
The paper deals with the relationship between monetary policy and asset prices. Besides surveying th...
I found that during booming years national policy makers were strongly constrained to decrease or ef...
We study the impact of monetary policy on the supply of bank credit when bank lending is denominated...
The paper analyses the potential for lending booms in the three biggest new EU Member States (the Cz...