Cover Image
Read Now

The Impact of Oil Prices on the Banking System in the GCC

This paper examines the links between global oil price movements and macroeconomic and financial developments in the GCC. Using a range of multivariate panel approaches, including a panel vector autoregression approach, it finds strong empirical evidence of feedback loops between oil price movements...

Full description

Bibliographic Details
Main Author: Khandelwal, Padamja
Other Authors: Miyajima, Ken, Santos, Andre
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2016
Series:IMF Working Papers
Subjects:
Monetary Policy, Central Banking, And The Supply Of Money And Credit: General
Micro Finance Institutions
Money
Mortgages
Cycles
Banks
Money And Monetary Policy
Industries: Financial Services
Capital Adequacy Requirements
Business Cycles
Financial Sector Policy And Analysis
Macroeconomics
Banking
Banks And Banking
Oil Prices
Financial Cycles
Nonperforming Loans
Financial Institutions And Services: Government Policy And Regulation
Financial Institutions
Monetary Economics
Computational Techniques
Asset Requirements
Credit
Financial Services Law & Regulation
Loans
Business Fluctuations
Financial Regulation And Supervision
Financial Markets And The Macroeconomy
Prices
Depository Institutions
Energy: Demand And Supply
Finance
United Arab Emirates
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:This paper examines the links between global oil price movements and macroeconomic and financial developments in the GCC. Using a range of multivariate panel approaches, including a panel vector autoregression approach, it finds strong empirical evidence of feedback loops between oil price movements, bank balance sheets, and asset prices. Empirical evidence also suggests that bank capital and provisioning have behaved countercyclically through the cycle
Physical Description:23 pages
ISBN:9781475523393

Similar Items