Coevolution of banks and capital markets in the modern view of effective parts of the financial system architecture
Due to the onset of the last economic crisis, the recent focus of policy makers has been shifted from economic development to the possibility of fast identification of the sources of financial shocks and imbalances in order to quickly solve the extreme stresses that can emerge in the financial syste...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Faculty of Economics and Business in Osijek
2019-01-01
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| Series: | Ekonomski Vjesnik |
| Subjects: | |
| Online Access: | https://hrcak.srce.hr/file/336573 |
| _version_ | 1827363107713843200 |
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| author | Sonja Brlečić Valčić Ante Samodol Marko Valčić |
| author_facet | Sonja Brlečić Valčić Ante Samodol Marko Valčić |
| author_sort | Sonja Brlečić Valčić |
| collection | DOAJ |
| description | Due to the onset of the last economic crisis, the recent focus of policy makers has been shifted from economic development to the possibility of fast identification of the sources of financial shocks and imbalances in order to quickly solve the extreme stresses that can emerge in the financial system. Therefore, the interdependences of financial institutions and financial leverages as well as the causes of endogenous changes of real interest rates and the differences emerging between interest rates and the rates affecting expenditure are observed more often in this context.
The paper emphasizes this problem as well as the problem of the need for a different structure of the financial system and its participants that would contribute to a higher level of economic development. In this context, on the example of data on the Croatian capital market shareholders’ structure and data on the amount of loans to companies in the period from 2006 to 2018, a model was developed via ANFIS. The model indicated the positive and negative impacts of banks and shareholders’ structure on the capital market. |
| first_indexed | 2024-03-08T07:43:10Z |
| format | Article |
| id | doaj.art-abc28b23d4f84154b25fa22eb11a4121 |
| institution | Directory Open Access Journal |
| issn | 0353-359X 1847-2206 |
| language | English |
| last_indexed | 2024-03-08T07:43:10Z |
| publishDate | 2019-01-01 |
| publisher | Faculty of Economics and Business in Osijek |
| record_format | Article |
| series | Ekonomski Vjesnik |
| spelling | doaj.art-abc28b23d4f84154b25fa22eb11a41212024-02-02T16:50:34ZengFaculty of Economics and Business in OsijekEkonomski Vjesnik0353-359X1847-22062019-01-01322309319Coevolution of banks and capital markets in the modern view of effective parts of the financial system architectureSonja Brlečić Valčić0Ante Samodol1Marko Valčić2Libertas International University, Zagreb, CroatiaLibertas International University, Zagreb, CroatiaUniversity of Rijeka, Faculty of Engineering, Rijeka, CroatiaDue to the onset of the last economic crisis, the recent focus of policy makers has been shifted from economic development to the possibility of fast identification of the sources of financial shocks and imbalances in order to quickly solve the extreme stresses that can emerge in the financial system. Therefore, the interdependences of financial institutions and financial leverages as well as the causes of endogenous changes of real interest rates and the differences emerging between interest rates and the rates affecting expenditure are observed more often in this context. The paper emphasizes this problem as well as the problem of the need for a different structure of the financial system and its participants that would contribute to a higher level of economic development. In this context, on the example of data on the Croatian capital market shareholders’ structure and data on the amount of loans to companies in the period from 2006 to 2018, a model was developed via ANFIS. The model indicated the positive and negative impacts of banks and shareholders’ structure on the capital market.https://hrcak.srce.hr/file/336573financial institutionsfinancial leveragecapital market shareholders’ structureco-evolution of banks and capital marketANFIS |
| spellingShingle | Sonja Brlečić Valčić Ante Samodol Marko Valčić Coevolution of banks and capital markets in the modern view of effective parts of the financial system architecture Ekonomski Vjesnik financial institutions financial leverage capital market shareholders’ structure co-evolution of banks and capital market ANFIS |
| title | Coevolution of banks and capital markets in the modern view of effective parts of the financial system architecture |
| title_full | Coevolution of banks and capital markets in the modern view of effective parts of the financial system architecture |
| title_fullStr | Coevolution of banks and capital markets in the modern view of effective parts of the financial system architecture |
| title_full_unstemmed | Coevolution of banks and capital markets in the modern view of effective parts of the financial system architecture |
| title_short | Coevolution of banks and capital markets in the modern view of effective parts of the financial system architecture |
| title_sort | coevolution of banks and capital markets in the modern view of effective parts of the financial system architecture |
| topic | financial institutions financial leverage capital market shareholders’ structure co-evolution of banks and capital market ANFIS |
| url | https://hrcak.srce.hr/file/336573 |
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