侏儒的陨落：欧洲小银行消失的微观和宏观经济决定因素

IF 5.4 2区经济学 Q1 BUSINESS, FINANCE

Journal of International Financial Markets Institutions & Money Pub Date : 2024-08-08 DOI:10.1016/j.intfin.2024.102042

Federica Poli , Simone Rossi , Mariarosa Borroni

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引用次数: 0

摘要

本文以 2005-2022 年间总部设在 27 个欧洲国家的银行为广泛样本，检验了微观经济和宏观经济变量对小型银行退出市场概率的影响，并评估了所采用的解释模型的预测能力。我们对小型银行退出市场的决定因素所采取的方法证明，即使是宏观经济和社会人口参考背景也可以具有与会计变量类似的预测效力，尤其是在考虑到地方层面的传染效应时。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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Fall of dwarfs: micro and macroeconomic determinants of the disappearance of European small banks

Based on a wide sample of banks headquartered in 27 European countries over the period 2005–2022, this paper tests the influence that microeconomic and macroeconomic variables have on the probability of small banks exiting the market, evaluating the predictive power of the explanatory models employed. Our approach to the determinants of small banks’ exit proves that even the macroeconomic and socio-demographic reference context can have a predictive effectiveness similar to that of the accounting variables, especially when contagion effects at the local level are taken into account.

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来源期刊

Journal of International Financial Markets Institutions & Money Multiple-

CiteScore

6.60

自引率

10.00%

发文量

142

期刊介绍： International trade, financing and investments, and the related cash and credit transactions, have grown at an extremely rapid pace in recent years. The international monetary system has continued to evolve to accommodate the need for foreign-currency denominated transactions and in the process has provided opportunities for its ongoing observation and study. The purpose of the Journal of International Financial Markets, Institutions & Money is to publish rigorous, original articles dealing with the international aspects of financial markets, institutions and money. Theoretical/conceptual and empirical papers providing meaningful insights into the subject areas will be considered. The following topic areas, although not exhaustive, are representative of the coverage in this Journal. • International financial markets • International securities markets • Foreign exchange markets • Eurocurrency markets • International syndications • Term structures of Eurocurrency rates • Determination of exchange rates • Information, speculation and parity • Forward rates and swaps • International payment mechanisms • International commercial banking; • International investment banking • Central bank intervention • International monetary systems • Balance of payments.