The Impact of Oil Prices on the Banking System in the GCC
| Author | : Padamja Khandelwal |
| Publisher | : International Monetary Fund |
| Total Pages | : 23 |
| Release | : 2016-08-05 |
| ISBN-10 | : 9781475523393 |
| ISBN-13 | : 1475523394 |
| Rating | : 4/5 (394 Downloads) |
Book Synopsis The Impact of Oil Prices on the Banking System in the GCC by : Padamja Khandelwal
Download or read book The Impact of Oil Prices on the Banking System in the GCC written by Padamja Khandelwal and published by International Monetary Fund. This book was released on 2016-08-05 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines the links between global oil price movements and macroeconomic and financial developments in the GCC. Using a range of multivariate panel approaches, including a panel vector autoregression approach, it finds strong empirical evidence of feedback loops between oil price movements, bank balance sheets, and asset prices. Empirical evidence also suggests that bank capital and provisioning have behaved countercyclically through the cycle.
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