Indeksy dyscypliny rynkowej. Propozycja nowego podejścia do pomiaru siły dyscypliny rynkowej w bankowości

Krzysztof Jackowicz; Oskar Kowalewski; Łukasz Kozłowski

Data publikacji : 2024-02-19

Tom 56 Nr 3 (2014)

Indeksy dyscypliny rynkowej. Propozycja nowego podejścia do pomiaru siły dyscypliny rynkowej w bankowości

Krzysztof Jackowicz

Oskar Kowalewski

Łukasz Kozłowski

Abstrakt

This article presents a new method designed to measure the strength of market discipline in banking using synthetic indexes. Their main advantage – as compared to traditional methods of market discipline analysis – is the ease of comparisons in time and space. Apart from that, they enable us to establish the determinants of the proper functioning of market discipline. Based on banks’ financial statements we calculated and presented the values of the indexes for almost 80 countries. The indexes, despite differences in their construction, classify countries in a similar way with respect to the exercised strength of market discipline through the cost
of capital and its availability. In an example we use the indexes to analyze determinants of market discipline and show that the influence of widely understood education is conditional on safety net arrangements and a country’s wealth.

Słowa kluczowe:

dyscyplina rynkowa, indeksy dyscypliny rynkowej, ubezpieczenie depozytów, edukacja

Inne teksty tego samego autora

Łukasz Kozłowski, Wpływ konkurencji ze strony spółdzielczych kas oszczędnościowo-kredytowych na stabilność banków spółdzielczych. Analiza rynków lokalnych , Bezpieczny Bank: Tom 61 Nr 4 (2015)
Oskar Kowalewski, Aneta Hryckiewicz-Gontarczyk, Anatomia kryzysów bankowych , Bezpieczny Bank: Tom 57 Nr 4 (2014): Bezpieczny Bank
Krzysztof Jackowicz, Trzeci filar Nowej Umowy Kapitałowej – prezentacja i ocena , Bezpieczny Bank: Tom 28 Nr 3 (2005): Bezpieczny Bank
Krzysztof Jackowicz, Kryzys japońskiego systemu bankowego: 1990–2002 , Bezpieczny Bank: Tom 20 Nr 1 (2003): Bezpieczny Bank
Krzysztof Jackowicz, Sygnały rynkowe w procesie nadzorczym w świetle wybranych badań empirycznych , Bezpieczny Bank: Tom 19 Nr 4 (2002): Bezpieczny Bank

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Jackowicz, K., Kowalewski, O., & Kozłowski, Łukasz. (2024). Indeksy dyscypliny rynkowej. Propozycja nowego podejścia do pomiaru siły dyscypliny rynkowej w bankowości. Bezpieczny Bank, 56(3), 7–49. Pobrano z https://ojs.bfg.pl/index.php/bb/article/view/362

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Utwór dostępny jest na licencji Creative Commons Uznanie autorstwa – Użycie niekomercyjne – Na tych samych warunkach 4.0 Międzynarodowe.

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Krzysztof Jackowicz

redakcja@bfg.pl

Afiliacja:
Akademia Leona Koźmińskiego w Warszawie Polska

Oskar Kowalewski

redakcja@bfg.pl

Afiliacja:
Instytut Ekonomiczny PAN Polska

Łukasz Kozłowski

redakcja@bfg.pl

Afiliacja:
Akademia Leona Koźmińskiego w Warszawie Polska