The Macroeconomic Drivers for Household Deposits Growth in the Eurozone
Journal Title: Academic Journal of Economic Studies - Year 2019, Vol 5, Issue 3
Abstract
We analyzed the potential impact of macroeconomic indicators on deposit growth rate in the Eurozone area during January 2003-June 2019. We used OLS methodology (Ordinary Least Squares). We run specific tests for multicollinearity and stationarity and we added robust standard errors to correct heteroskedasticity for our panel data. The macroeconomic variables used in our analysis are: GDP annual growth rate, Inflation rate, Harmonized unemployment rate, Interest deposit rate, with agreed maturity lower than a year and also Interest deposit rate, with agreed maturity greater than a year, short-term debt securities, long-term debt securities and listed shares. Besides the unemployment rate, all the other variables have a positive impact on the household deposits growth rate.
Authors and Affiliations
Emilia-Anuta Corovei, Adela Socol
Keywords
Related Articles
- EP ID EP642025
- DOI -
- Views 88
- Downloads 0
An ARDL Approach to the Government Expenditure and Economic Growth Nexus in Nigeria
This study majorly aims at investigating the impact of government expenditure on economic growth by controlling FDI inflow as additional variable for the timeframe from 1981 to 2016. The inclusion of FDI inflow in the mo...
Risk - Return Relationship: Nigerian Stock Market during Pre and Post 2007-2009 Financial Meltdown
Financial crises are economic phenomena often heralded by asset and credit booms or bubbles. This study examines risk-return relationship in the context of Nigeria during pre and post financial meltdown of 2007-2009. GAR...
Effects of Capital Structure and Profitability on Corporate Value with Company Size as the Moderating Variable of Manufacturing Companies Listed on Indonesia Stock Exchange
This study aims to determine the effect of capital structure and profitability on the corporate value by company size as the moderating variable on manufacturing companies listed on Indonesia Stock Exchange from 2012 to...
Does Indonesia Sustainability Reporting Award (ISRA) Cause Abnormal Return and Stock Trading Volume: A Comparative Analysis
Indonesia Sustainability Reporting (ISRA) Award-winning companies promote the image of companies in the eyes of the public. In addition, award-winning companies cause their stock prices to change, representing by their s...
Impact of the Trans-Atlantic Trade and Investment Partnership upon U.S. Beef Exports
With the on-going negotiation of the Trans-Atlantic Trade and Investment Partnership (TTIP) between the United States (US) and the European Union (EU), there are many issues in which both governments are having difficult...