财政透明度对银行发展重要吗？新兴国家与发展中国家综述

IF 1.7 Q3 BUSINESS, FINANCE

Journal of Central Banking Theory and Practice Pub Date : 2023-01-01 DOI:10.2478/jcbtp-2023-0006

Emna Trabelsi

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引用次数: 0

摘要

摘要本文研究了财政透明度与银行发展的关系。它还假设这种效应是由合理的渠道介导的。根据新兴经济体和发展中经济体的面板数据集，我们发现财政透明度与私人信贷和流动资产比率呈正相关，这意味着更透明的政策可以促进银行发展。我们的面板回归和中介分析还表明，财政透明度对私人信贷的影响主要通过控制腐败来传递，而它对流动资产比率有直接影响。

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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Does Fiscal Transparency Matter for Bank Development? A Lookup on Emerging and Developing Countries

Abstract This paper examines how fiscal transparency is linked to bank development. It also hypothesizes that the effect is mediated by reasonable channel(s). Drawing upon a panel dataset of emerging and developing economies, we find that fiscal transparency is positively related to the private credit and to the ratio of liquid assets, implying that more transparent policies enhance bank development. Our panel regressions and the mediation analysis also suggest that the effect of fiscal transparency on private credit is significantly transmitted through the control of corruption, while it has a direct effect on the ratio of liquid assets.

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来源期刊

Journal of Central Banking Theory and Practice BUSINESS, FINANCE-

CiteScore

2.80

自引率

57.10%

发文量

审稿时长

7 weeks

期刊介绍： Journal of Central Banking Theory and Practice is a scientific journal dedicated to publishing quality papers and disseminating original, relevant and applicable economic research. Scientific and professional papers that are published in the Journal of Central Banking Theory and Practice cover theoretical and practical aspects of central banking, monetary policy, including the supervision issues, as well as banking and management in central banks. The purpose of the journal is to educate the general public about the key issues that the central bankers globally face, as well as about contemporary research and achievements in the field of central banking theory and practice.