{"title":"Energy uncertainty index and European banks","authors":"Whelsy Boungou , Bastien Dufau , Mahdi Fawaz , Devi Prasad Dash","doi":"10.1016/j.econlet.2024.112122","DOIUrl":null,"url":null,"abstract":"<div><div>In this article, we investigate how energy uncertainties influence bank behavior. To achieve this purpose, we use a dataset of 4632 banks in the Eurozone between 2000 and 2022. We observe that, in response to growing energy uncertainties, banks reduce the cost of credit and increase their loan offers (especially corporate loans). This increase in loan supply leads to an increase in customer deposits. This in turn improves the bank's performance.</div></div>","PeriodicalId":11468,"journal":{"name":"Economics Letters","volume":"247 ","pages":"Article 112122"},"PeriodicalIF":2.1000,"publicationDate":"2025-02-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Economics Letters","FirstCategoryId":"96","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S0165176524006062","RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"ECONOMICS","Score":null,"Total":0}
引用次数: 0
Abstract
In this article, we investigate how energy uncertainties influence bank behavior. To achieve this purpose, we use a dataset of 4632 banks in the Eurozone between 2000 and 2022. We observe that, in response to growing energy uncertainties, banks reduce the cost of credit and increase their loan offers (especially corporate loans). This increase in loan supply leads to an increase in customer deposits. This in turn improves the bank's performance.
期刊介绍:
Many economists today are concerned by the proliferation of journals and the concomitant labyrinth of research to be conquered in order to reach the specific information they require. To combat this tendency, Economics Letters has been conceived and designed outside the realm of the traditional economics journal. As a Letters Journal, it consists of concise communications (letters) that provide a means of rapid and efficient dissemination of new results, models and methods in all fields of economic research.