scholarly journals Financial Fragility or What Went Right and What Could Go Wrong in Central European Banking?

2000 ◽  
pp. 121-148 ◽  
Author(s):  
Christian E. Weller ◽  
Jürgen von Hagen
Keyword(s):  
Financial Fragility ◽  
Central European ◽  
European Banking

Central European Banking Sector Integration and Shocks During the Global Pandemic (COVID-19)

2021 ◽  
pp. 272-288
Author(s):  
Pedro Pardal ◽  
Rui Teixeira Dias ◽  
Hortense Santos ◽  
Cristina Vasco
Keyword(s):  
Banking Sector ◽  
Research Question ◽  
Portfolio Diversification ◽  
The Czech Republic ◽  
Central European ◽  
Global Pandemic ◽  
Causality Tests ◽  
European Banking ◽  
The Impact ◽  
Sector Integration

This chapter aims to analyze the impact of the global 2020 pandemic on the banking sectors of the Czech Republic, Hungary, Poland, Romania, Russia, and Slovakia countries in the period from January 2, 2017 to August 10, 2020. The results of the Gregory-Hansen test, in the covid subperiod, show 27 integrations (in 30 possible). When comparing the pre-covid and covid subperiods, the level of integration has increased 386% between markets, which could call into question portfolio diversification, validating the first research question. In corroboration, the authors have verified that the results of Granger's causality tests, in the COVID-19 subperiod, increased significantly. In view of these results and bearing in mind the results of integration, they can show that the crisis caused by the global pandemic of 2020 has increased the synchronization between these regional banking sectors, significantly decreasing the hypothesis of implementing efficient portfolio diversification, thus validating the second research question.

scholarly journals Information Flow in Times of Crisis: The Case of the European Banking and Sovereign Sectors

Econometrics ◽  
2019 ◽  
Vol 7 (1) ◽  
pp. 5 ◽  
Author(s):  
Mardi Dungey ◽  
Stan Hurn ◽  
Shuping Shi ◽  
Vladimir Volkov
Keyword(s):  
Empirical Evidence ◽  
Granger Causality ◽  
Information Flow ◽  
Sovereign Debt ◽  
Feedback Loops ◽  
The Other ◽  
Financial Fragility ◽  
Time Varying ◽  
European Banking ◽  
Crisis Conditions

Crises in the banking and sovereign debt sectors give rise to heightened financial fragility. Of particular concern is the development of self-fulfilling feedback loops where crisis conditions in one sector are transmitted to the other sector and back again. We use time-varying tests of Granger causality to demonstrate how empirical evidence of connectivity between the banking and sovereign sectors can be detected, and provide an application to the Greek, Irish, Italian, Portuguese and Spanish (GIIPS) countries and Germany over the period 2007 to 2016. While the results provide evidence of domestic feedback loops, the most important finding is that financial fragility is an international problem and cannot be dealt with purely on a country-by-country basis.

scholarly journals The Short and Long Term Performance Persistence in the Central European Banking Industry

2011 ◽  
Vol 5 (4) ◽  
pp. 18
Author(s):  
Krzysztof Jackowicz Krzysztof Jackowicz ◽  
Oskar Kowalewski Oskar Kowalewski ◽  
Łukasz Kozłowski Łukasz Kozłowski
Keyword(s):  
Banking Industry ◽  
Performance Persistence ◽  
Central European ◽  
European Banking ◽  
Short And Long Term ◽  
Long Term Performance ◽  
Term Performance

How Did Depositors React to the Recent Crisis? Evidence from the Central European Banking Industry

2012 ◽  
Author(s):  
Oskar Kowalewski ◽  
Krzysztof Jackowicz ◽  
Łukasz Kozłowski ◽  
Iftekhar Hasan
Keyword(s):  
Banking Industry ◽  
Central European ◽  
European Banking

How Did Depositors React to the Recent Crisis? Evidence from the Central European Banking Industry

2012 ◽  
Author(s):  
Iftekhar Hasan ◽  
Krzysztof Jackowicz ◽  
Oskar Kowalewski ◽  
Łukasz Kozłowski
Keyword(s):  
Banking Industry ◽  
Central European ◽  
European Banking
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