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Ditemukan 2 dokumen yang sesuai dengan query
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Fenomena universal banking ditinjau dari persepsi pelaku sistem keuangan Indonesia
BEMP 9(1-2) 2006
Artikel Jurnal  Universitas Indonesia Library
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Christian Calmes
The impact of universal banking on macroeconomic dynamics: A nonlinear local projection approach
" We analyze the impact of universal banking on the real economy, by comparing the performance of a benchmark linear VAR model with a nonlinear projection process (Jordà, 2005) which tracks shocks asymmetries. We divide bank shocks into two categories—i.e., credit (loans) and fee-based shocks—and show that, based on U.S. data, fee-based shocks seem to have a significant feedback effect on real GDP and on the stock market. Bank fee-based activities are more sensitive to external ... "
Amsterdam: Elsevier, 2020
658.15 BIR 20:2 (2020)
Artikel Jurnal  Universitas Indonesia Library