Academic Journal
Does Macroprudential Policy Matter to Manage Banking Credit Risk? Evidence from Commercial Banks in Asia-Pacific Region
| Τίτλος: | Does Macroprudential Policy Matter to Manage Banking Credit Risk? Evidence from Commercial Banks in Asia-Pacific Region |
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| Συγγραφείς: | Zainuri, Zainuri, Viphindrartin, Sebastiana, Wilantari, Regina-Niken, Roziq, Ahmad |
| Πηγή: | HSE Economic Journal; Vol 29 No 1 (2025): HSE Economic Journal; 160-182 ; Экономический журнал ВШЭ; Том 29 № 1 (2025): Экономический журнал Высшей школы экономики; 160-182 ; 1813-8705 ; 1813-8691 |
| Στοιχεία εκδότη: | Издательский дом Высшей школы экономики |
| Έτος έκδοσης: | 2025 |
| Συλλογή: | National Research University Higher School of Economics: HSE Academic Journals / Национальный исследовательский университет Высшая школа экономики: Журналы НИУ ВШЭ |
| Θεματικοί όροι: | corruption, credit risk, GMM, capital adequacy ratio, capital conservation buffer, loan to value |
| Περιγραφή: | The global financial crisis triggered a debate on the pros and cons of using macroprudential policy as a prudential control tool that includes capital reserves or requirements to address systemic risk, financial credit cycles, and macroeconomic stabilization objectives. The macroprudential policy has now been established as an area of financial policy to stop excessive risk-taking in the financial sector and reduce its consequences to the real economy in response to the lessons learned from the global financial crisis. Controlling credit risk also requires a government-run fiscal sector, one of which is controlling corruption. Corruption significantly affects credit risk. This study aims to examine the effectiveness of macroprudential policy instruments and the role of institutional instruments in controlling commercial bank credit risk in the Asia Pacific region from 2012 to 2023. This study uses the generalized method of moments (GMM) as an analytical tool. The results show that loan-to-value and corruption significantly affect credit risk in Asia Pacific. ; The global financial crisis triggered a debate on the pros and cons of using macroprudential policy as a prudential control tool that includes capital reserves or requirements to address systemic risk, financial credit cycles, and macroeconomic stabilization objectives. The macroprudential policy has now been established as an area of financial policy to stop excessive risk-taking in the financial sector and reduce its consequences to the real economy in response to the lessons learned from the global financial crisis. Controlling credit risk also requires a government-run fiscal sector, one of which is controlling corruption. Corruption significantly affects credit risk. This study aims to examine the effectiveness of macroprudential policy instruments and the role of institutional instruments in controlling commercial bank credit risk in the Asia Pacific region from 2012 to 2023. This study uses the generalized method of moments (GMM) as an ... |
| Τύπος εγγράφου: | article in journal/newspaper |
| Περιγραφή αρχείου: | application/pdf |
| Γλώσσα: | English |
| Relation: | https://ej.hse.ru/article/view/29117/23288; https://ej.hse.ru/article/view/29117 |
| DOI: | 10.17323/1813-8691-2025-29-1-160-182 |
| Διαθεσιμότητα: | https://ej.hse.ru/article/view/29117 https://doi.org/10.17323/1813-8691-2025-29-1-160-182 |
| Αριθμός Καταχώρησης: | edsbas.62E07B54 |
| Βάση Δεδομένων: | BASE |
| DOI: | 10.17323/1813-8691-2025-29-1-160-182 |
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