Dynamics of loans in the Polish banking system

• Autorzy: Gadomski J.
• Języki publikacji: EN

Abstrakty

EN

At the macro level, the time-series of the amounts of loans granted (a flow) and repaid (a flow) to the banking system in each period are not available. The information on these flows is important in many analyses, such as the impact of the bank lending on investment outlays. However, one can get the information concerning the structure of loans (a stock variable) regarding their duration. In each period, the loans are granted for different periods: from overnight ones to those lasting several years. The effective preferences of the credit takers are reflected in the term distribution of the outstanding loans. In order to estimate these flows, a model aimed at linking the above-mentioned preferences, the levels of loans and flows has been developed. In the approach proposed, the amount of loans outstanding is a resultant of the rate of the new loans and their duration, which in turn is the result of the term preferences. The evaluation of the flow of loans granted in the Polish banking sector is presented.

Słowa kluczowe

EN

economic modeling; dynamics of loans; distributed lags

• Wydawca: Systems Research Institute, Polish Academy of Sciences
• Czasopismo: Control and Cybernetics
• Rocznik: 2009
• Tom: Vol. 38, no 3
• Strony: 893--911
• Opis fizyczny: Bibliogr. 5 poz., wykr.

Twórcy

autor

Gadomski J.

• Systems Research Institute of the Polish Academy of Sciences, Newelska 6, 01-447 Warszawa, Poland,

Bibliografia

• DHRYMES, P.J. (1981) Distributed Lags. Problems of Estimation and Formulation, Second edition. North-Holland Publishing Company, Amsterdam, New York, Oxford.
• GADOMSKI, J. (2003) An Outline of the Model of the Banking Sector in the Closed Economy (in Polish). Acta Universitatis Lodziensis, Folia Oeconomica 166.
• GADOMSKI, J. (2002) A Dynamic Approach to Modeling of the Banking Sector. In: J. Owsinski, ed., MODEST 2002: Transition and Transformation; Problems and Models. The Interfaces Institute.
• MADDALA, G.S. (1977) Econometrics. McGraw-Hill Book Company, New York.
• SOLOW, R.M. (2000) Growth Theory. An Exposition. Oxford University Press, New York, London.