Record Details

Is bank lending corruption self-regulatory?

Journal of Economic & Financial Studies

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Field Value
 
Title Is bank lending corruption self-regulatory?
 
Creator Varelas, Erotokritos
 
Subject Banking; Corruption; Regulation
Bank lending corruption; Bank non-lending fraud; Economic activity.
D21; D73 ; E43.
 
Description This article puts forward the possibility that bank-client corruption tends to raise lending rates. If it does and if bank-official corruption counteracts this tendency, bank lending corruption might be seen as a self-regulatory phenomenon, having little if none at all influence on the real economy. An anti-lending corruption policy is deemed to be necessary only under a zero-lower-bound associated monetary policy and in any case, it should treat the two types of banking-sector corruption symmetrically. The negative effects of bank sector fraud on economic growth should be related to the large volume of cybercrime and money laundering rather than to fraud surrounding bank lending.
 
Publisher LAR Center Press
 
Contributor —
 
Date 2017-06-04
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://journalofeconomics.org/index.php/site/article/view/285
10.18533/jefs.v5i3.285
 
Source Journal of Economic & Financial Studies; Vol 5, No 3 (2017): June; 31-34
2379-9471
2379-9463
 
Language eng
 
Relation http://journalofeconomics.org/index.php/site/article/view/285/321
http://journalofeconomics.org/index.php/site/article/downloadSuppFile/285/51
http://journalofeconomics.org/index.php/site/article/downloadSuppFile/285/52
http://journalofeconomics.org/index.php/site/article/downloadSuppFile/285/53
 
Rights Copyright (c) 2017 erotokritos varelas
http://creativecommons.org/licenses/by/4.0