The European Credit Market and Institutions
AbstractThis paper uses polled panel OLS robust estimations with quarterly data for 26 EU countries from the 1980s until 2006, comparing the results of three panels of countries during different time periods. The results obtained confirm the high degree of integration among the EU financial systems and demonstrate not only the quite high degree of openness of the financial markets, but also their indebtedness and the dependence of the EU banking institutions on the financial resources of other countries. Key words: European credit market; European bank institutions; financial integration; panel estimates.
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Bibliographic InfoPaper provided by ISEG - School of Economics and Management, Department of Economics, University of Lisbon in its series Working Papers Department of Economics with number 2009/26.
Date of creation: Apr 2009
Date of revision:
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Postal: Department of Economics, ISEG - School of Economics and Management, University of Lisbon, Rua do Quelhas 6, 1200-781 LISBON, PORTUGAL
Web page: https://aquila1.iseg.ulisboa.pt/aquila/departamentos/EC
Find related papers by JEL classification:
- E4 - Macroeconomics and Monetary Economics - - Money and Interest Rates
- E5 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit
- G2 - Financial Economics - - Financial Institutions and Services
This paper has been announced in the following NEP Reports:
- NEP-ALL-2009-10-17 (All new papers)
- NEP-BAN-2009-10-17 (Banking)
- NEP-EEC-2009-10-17 (European Economics)
- NEP-MAC-2009-10-17 (Macroeconomics)
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