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Oil Prices and Bank Profitability.

This paper analyzes the relationship between oil price shocks and bank profitability. Using data on 145 banks in 11 oil-exporting MENA countries for 1994-2008, we test hypotheses of direct and indirect effects of oil price shocks on bank profitability. Our results indicate that oil price shocks have...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Hesse, Heiko
Otros Autores: Poghosyan, Tigran
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Washington : International Monetary Fund, 2009.
Colección:IMF Working Papers.
Temas:
Acceso en línea:Texto completo
Tabla de Contenidos:
  • Cover Page; Title Page; Copyright Page; Contents; I. Introduction; II. Methodology and Data; A. Estimation Methodology and Hypothesis Testing Strategy; 1. Hypothesis Testing Strategy; B. Data; 1. Descriptive Statistics; 2. Mean Bank Profitability Across Countries; 3. Mean Bank Profitability Across Bank Specialization; 2. Dynamics of Four Measures of the Oil Price Shock; 3. Correlation of Macro Variables and Oil Price Shocks; III. Estimation Results; 4. Do Oil Prices Matter?; 5. Which Banks Are Most Affected?; 6. Is There An Indirect Oil Price Effect?
  • 7. Has the Financial Crisis Had An Impact?8. Which Banks Are Most Affected?; IV. Conclusions; References; Footnotes.