Effects of Macroeconomic Variables on the Lending Behavior of Bank Maskan of Iran
Since various economic sectors, in particular housing sector, need to bank loans, the variations in lending behavior of banks due to changes in key economic variables may jeopardize the sound economic activities. In this study the lending behavior of Bank Maskan of Iran was modeled by a Vector Auto-...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | fas |
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Tarbiat Modares University
2015-11-01
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| Series: | پژوهشهای اقتصادی |
| Subjects: | |
| Online Access: | http://ecor.modares.ac.ir/article-18-490-en.pdf |
| _version_ | 1797803296116703232 |
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| author | Mohammad Lashkary Sadegh Bafandeh Imandoust Nayyereh Hasannia ali Goli |
| author_facet | Mohammad Lashkary Sadegh Bafandeh Imandoust Nayyereh Hasannia ali Goli |
| author_sort | Mohammad Lashkary |
| collection | DOAJ |
| description | Since various economic sectors, in particular housing sector, need to bank loans, the variations in lending behavior of banks due to changes in key economic variables may jeopardize the sound economic activities. In this study the lending behavior of Bank Maskan of Iran was modeled by a Vector Auto-regression (VAR) model during 1991-2011. The results of long run Vector Error Correction Model (VECM) indicated that the broad money supply, inflation rate and stock price fluctuations have indirect effects on lending behavior of Bank Maskan, however the effect of exchange rate variations is positive. In addition, the results of short run VECM showed that variations in the broad money supply have direct effects on lending behavior of Bank Maskan, but inflation rate, exchange rate and stock price fluctuations have no significant effects. |
| first_indexed | 2024-03-13T05:18:42Z |
| format | Article |
| id | doaj.art-f31aa674c87c4f8abc91593d5035360f |
| institution | Directory Open Access Journal |
| issn | 1735-6768 2980-7832 |
| language | fas |
| last_indexed | 2024-03-13T05:18:42Z |
| publishDate | 2015-11-01 |
| publisher | Tarbiat Modares University |
| record_format | Article |
| series | پژوهشهای اقتصادی |
| spelling | doaj.art-f31aa674c87c4f8abc91593d5035360f2023-06-15T20:20:51ZfasTarbiat Modares Universityپژوهشهای اقتصادی1735-67682980-78322015-11-01153119134Effects of Macroeconomic Variables on the Lending Behavior of Bank Maskan of IranMohammad Lashkary0Sadegh Bafandeh Imandoust1Nayyereh Hasannia2ali Goli3 Associate Professor in Economics, Payame Noor University (PNU), (E-mail: Lashkarym@yahoo.com) Associate Professor in Economics, Payame Noor University (PNU) (E-mail: Imandoust@yahoo.com) MA student of Economics, Payame Noor University Since various economic sectors, in particular housing sector, need to bank loans, the variations in lending behavior of banks due to changes in key economic variables may jeopardize the sound economic activities. In this study the lending behavior of Bank Maskan of Iran was modeled by a Vector Auto-regression (VAR) model during 1991-2011. The results of long run Vector Error Correction Model (VECM) indicated that the broad money supply, inflation rate and stock price fluctuations have indirect effects on lending behavior of Bank Maskan, however the effect of exchange rate variations is positive. In addition, the results of short run VECM showed that variations in the broad money supply have direct effects on lending behavior of Bank Maskan, but inflation rate, exchange rate and stock price fluctuations have no significant effects.http://ecor.modares.ac.ir/article-18-490-en.pdfexchange ratestock price fluctuationsbank maskan of iranlending behaviorvector error correction model (vecm) |
| spellingShingle | Mohammad Lashkary Sadegh Bafandeh Imandoust Nayyereh Hasannia ali Goli Effects of Macroeconomic Variables on the Lending Behavior of Bank Maskan of Iran پژوهشهای اقتصادی exchange rate stock price fluctuations bank maskan of iran lending behavior vector error correction model (vecm) |
| title | Effects of Macroeconomic Variables on the Lending Behavior of Bank Maskan of Iran |
| title_full | Effects of Macroeconomic Variables on the Lending Behavior of Bank Maskan of Iran |
| title_fullStr | Effects of Macroeconomic Variables on the Lending Behavior of Bank Maskan of Iran |
| title_full_unstemmed | Effects of Macroeconomic Variables on the Lending Behavior of Bank Maskan of Iran |
| title_short | Effects of Macroeconomic Variables on the Lending Behavior of Bank Maskan of Iran |
| title_sort | effects of macroeconomic variables on the lending behavior of bank maskan of iran |
| topic | exchange rate stock price fluctuations bank maskan of iran lending behavior vector error correction model (vecm) |
| url | http://ecor.modares.ac.ir/article-18-490-en.pdf |
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