Banking Systems, Central Banks and International Reserve Accumulation in East Asian Economies

The corresponding paper examines changes in the balance sheets of the banking system in five East Asian economies which were affected by the 1997 Asian Crisis. These countries have persistently accumulated foreign currency reserves since the crisis. This paper estimates the impact of reserve accumulation on some important balance sheet variables such as liquid assets, credits and deposits of the banking system by applying panel data techniques. Estimates using data from Thailand, South Korea, Malaysia, Philippines and Indonesia show that reserve accumulation has a positive impact on the liquid assets and deposits of the banking system, but not on credit flows, after controlling for the effect of other potential variables.

The data contains two excel files and one Eviews file: (i) balance sheet data of five East Asian countries.xlsx, (ii) Data for Panel Estimation.xlsx, and (iii) panel estimation.wf1.

The first one is the balance sheet data used for graphical exposition of changing balance sheet structure of central banks and the banking systems of five East Asian countries. Second file, data for panel estimation, contains the data used for panel estimation. Eviews 6 workfile, panel estimation, includes data used for panel estimations and output tables used for empirical analysis.

Data and Resources

Citation

(2012): Banking Systems, Central Banks and International Reserve Accumulation in East Asian Economies. Version: 1. . Dataset. http://journaldata.zbw.eu/dataset/banking-systems-central-banks-and-international-reserve-accumulation-in-east-asian-economies