Zuzana Fungáčová
Biographic Data
| ID | 5919873 |
|---|---|
| NAME | Zuzana Fungáčová |
| GIVEN NAMES | Zuzana |
| FAMILY NAME | Fungáčová |
| SIGNATURE | FUNGÁČOVÁ Z |
| AFFILIATIONS | Bank of Finland |
| ORCID | 0000-0002-9727-5734 |
| VERIFIED | Yes |
| TOTAL WORKS | 5 |
| TOTAL CITATIONS | 6 |
| WORKS AS AUTHOR | 5 |
| WORKS AS EDITOR | 0 |
| FIRST PUBLICATION YEAR | 2012 |
| LATEST PUBLICATION YEAR | 2023 |
| H-INDEX | 2 |
The politics of bank failures in Russia
Russia has witnessed a high number of bank failures over the last two decades. Using monthly data for 2002–2020, spanning four election cycles (2004, 2008, 2012, 2018), we test the hypothesis that bank failures are less likely before presidential elections. We find that, in general, bank failures are less likely to occur in the 12 months leading up to an election. However, we do not observe that bank failures during electoral cycles are more pron…
Banking in the Transition Countries of Central, Southern, and Eastern Europe and the Former Soviet Union
This chapter explains the functioning of the banking sectors in the European transition countries. First, we reflect on the thirty-year history of transition banking from the creation of banking institutions out of the planning structures through the effect of the global financial crisis and the post-crisis challenges. We show that experiences across the region are by no means uniform, both with respect to the path since transition started and th…
Does Money Buy Credit? Firm-Level Evidence on Bribery and Bank Debt
Fiscal Policy and Regional Output Volatility
Eller M., Fidrmuc J. and Fungácˇ ová Z. Fiscal policy and regional output volatility: evidence from Russia, Regional Studies. This paper investigates the relationship between fiscal policy and output volatility in Russian regions between 2000 and 2009. Accounting for endogeneity between output volatility and fiscal developments by using system-generalized method of moments (GMM) estimation techniques, the results indicate that discretionary fisca…
Bank Liquidity Creation in Russia
Two EU-based senior economists analyze the contribution of bank liquidity creation to the Russian economy, as well as changes in creation of liquidity occurring during the global financial crisis. Applying the methodology of Berger and Bouwman's (2009) study of U.S. banking to a rich panel dataset for Russian banks for the period 1999-2009, the authors compute three alternative measures of bank liquidity creation. They find evidence of increased …
Does Money Buy Credit? Firm-Level Evidence on Bribery and Bank Debt
Bank Liquidity Creation in Russia
Two EU-based senior economists analyze the contribution of bank liquidity creation to the Russian economy, as well as changes in creation of liquidity occurring during the global financial crisis. Applying the methodology of Berger and Bouwman's (2009) study of U.S. banking to a rich panel dataset for Russian banks for the period 1999-2009, the authors compute three alternative measures of bank liquidity creation. They find evidence of increased …
Fiscal Policy and Regional Output Volatility
Eller M., Fidrmuc J. and Fungácˇ ová Z. Fiscal policy and regional output volatility: evidence from Russia, Regional Studies. This paper investigates the relationship between fiscal policy and output volatility in Russian regions between 2000 and 2009. Accounting for endogeneity between output volatility and fiscal developments by using system-generalized method of moments (GMM) estimation techniques, the results indicate that discretionary fisca…
Bank Liquidity Creation in Russia
Two EU-based senior economists analyze the contribution of bank liquidity creation to the Russian economy, as well as changes in creation of liquidity occurring during the global financial crisis. Applying the methodology of Berger and Bouwman's (2009) study of U.S. banking to a rich panel dataset for Russian banks for the period 1999-2009, the authors compute three alternative measures of bank liquidity creation. They find evidence of increased …
Does Money Buy Credit? Firm-Level Evidence on Bribery and Bank Debt
Fiscal Policy and Regional Output Volatility
Eller M., Fidrmuc J. and Fungácˇ ová Z. Fiscal policy and regional output volatility: evidence from Russia, Regional Studies. This paper investigates the relationship between fiscal policy and output volatility in Russian regions between 2000 and 2009. Accounting for endogeneity between output volatility and fiscal developments by using system-generalized method of moments (GMM) estimation techniques, the results indicate that discretionary fisca…
Banking in the Transition Countries of Central, Southern, and Eastern Europe and the Former Soviet Union
This chapter explains the functioning of the banking sectors in the European transition countries. First, we reflect on the thirty-year history of transition banking from the creation of banking institutions out of the planning structures through the effect of the global financial crisis and the post-crisis challenges. We show that experiences across the region are by no means uniform, both with respect to the path since transition started and th…
The politics of bank failures in Russia
Russia has witnessed a high number of bank failures over the last two decades. Using monthly data for 2002–2020, spanning four election cycles (2004, 2008, 2012, 2018), we test the hypothesis that bank failures are less likely before presidential elections. We find that, in general, bank failures are less likely to occur in the 12 months leading up to an election. However, we do not observe that bank failures during electoral cycles are more pron…
Economics (5 works) · Business (4 works) · Financial system (4 works) · Monetary economics (4 works) · Banking stability, regulation, efficiency (3 works) · Macroeconomics (3 works) · Corruption and Economic Development (2 works) · Finance (2 works) · Financial crisis (2 works) · Political science (2 works)