Bank-Specific and Macroeconomic Determinants of Bank Profitability: Evidence from an Oil-Dependent Economy

Bank-Specific and Macroeconomic Determinants of Bank Profitability: Evidence from an Oil-Dependent Economy

This study investigated bank-specific and macroeconomic determinants of bank profitability in Azerbaijan, an oil-dependent economy in transition. A huge drop in oil prices, a significant devaluation of the national currency, and the financial distress were the main motivations of the study. We appli...

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Bibliographic Details
Main Authors: Fakhri J. Hasanov, Nigar Bayramli, Nayef Al-Musehel
Format: Article
Language:English
Published: MDPI AG 2018-09-01
Series:International Journal of Financial Studies
Subjects:
bank profitability
bank-specific determinants
macroeconomic determinants
panel unit root test
generalized method of moments
panel analysis
an oil-dependent economy
Azerbaijan
Online Access:http://www.mdpi.com/2227-7072/6/3/78

Internet

http://www.mdpi.com/2227-7072/6/3/78

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