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Banking Competition, Banking Stability and the Lending Channel of Monetary Policy: the Case of Thailand |
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| รหัสดีโอไอ | |
| Creator | Attasuda Lerskullawat |
| Title | Banking Competition, Banking Stability and the Lending Channel of Monetary Policy: the Case of Thailand |
| Publisher | Faculty of Economics, Chulalongkorn University |
| Publication Year | 2561 |
| Journal Title | Southeast Asian Journal of Economics |
| Journal Vol. | 6 |
| Journal No. | 2 |
| Page no. | 41-60 |
| Keyword | Bank Lending Channel, Banking Competition, Banking Stability, Monetary Policy, Thailand |
| URL Website | https://so05.tci-thaijo.org/index.php/saje/About |
| Website title | Southeast Asian Journal of Economics |
| ISSN | 2465-5120 |
| Abstract | This paper examines the bank lending channel and the effect of banking competition and banking stability on the lending channel of monetary policy in Thailand using bank-level panel data from the period 1999Q1-2016Q4. The results show a significant effect of monetary policy via the bank lending channel in Thailand, which is higher in larger sized banks and lower in banks with low capitalization and liquidity. A higher degree of banking competition and banking stability mainly weaken the effect of monetary policy through the bank lending channel. This effect is higher in financially constrained banks than the less financially constrained ones. |
