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141437

تقدير أثر السياسات الاحترازية الکلية على الائتمان المصرفي في مصر: دراسة قياسية

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Last updated: 04 Jan 2025

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Abstract

The occurrence of the global financial crisis 2007/2008 has demonstrated the importance and even the necessity of Macroprudential Policies, through a specific framework and tools that play an important role in prudence and caution, and even work to reduce the possibility of future economic imbalances. In the period of time after the crisis occurred, many countries sought to work with the tools of Macroprudential Policies in order to maintain financial stability, and thereby economic Stability. Macroprudential tools can be used as precautionary indicators to avoid shocks, and especially avoiding financial crises.        Within this context, the importance of examining the potential impact of Macroprudential tools on Credit Variables in the Egyptian financial system has appeared, for the objective of avoiding systemic risks, and thereby increasing systemic resilience and curbing excesses in the credit supply for achieving financial stability, without neglecting the great importance of complementarity between Macroprudential Policy and Monetary Policy for reaching the desired goal. Accordingly, the necessity of the analysis has required the preparation two VAR Models followed by two VECM Models, in order to ensure the possibility of the presence of significant long run relationship between Macroprudential tools and credit indicators.

DOI

10.21608/jsec.2021.141437

Keywords

Macroprudential Tools, Systemic Risks, Financial Crises, Loan to Value Ratio, Debt to Income Ratio, Foreign Currency lending, Reserve Requirements ratio, Restrictions on Profits distribution, Currency Mismatch, Financial stability

Authors

First Name

حسام الدين

Last Name

محمد عبد القادر

MiddleName

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Affiliation

کلية التجارة جامعة عين شمس

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First Name

غادة

Last Name

حليم المرسي عاشور

MiddleName

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Affiliation

کلية الإدارة والعلوم المالية والاقتصادية جامعة بدر

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Orcid

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Volume

51

Article Issue

1

Related Issue

20614

Issue Date

2021-04-01

Receive Date

2020-12-10

Publish Date

2021-01-20

Page Start

409

Page End

452

Print ISSN

2636-2562

Link

https://jsec.journals.ekb.eg/article_141437.html

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https://jsec.journals.ekb.eg/service?article_code=141437

Order

9

Type

المقالة الأصلية

Type Code

914

Publication Type

Journal

Publication Title

المجلة العلمية للإقتصاد و التجارة

Publication Link

https://jsec.journals.ekb.eg/

MainTitle

تقدير أثر السياسات الاحترازية الکلية على الائتمان المصرفي في مصر: دراسة قياسية

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Article

Created At

22 Jan 2023