Bank income and profits over the business and interest rate cycle

摘要: If and how the conduct of banking sector contributes to propagation aggregate shocks has become a prominent empirical research question. This study explores what cyclicality analysis net interest margins spreads, as well profitability figures, can contribute discussion. By using time series data for Austrian from 1987 2005, it is found that many these measures fall in economic upturns. Net income granting loans taking deposits non-banks, however, evolves procyclically increases with rising rates. Combined observation margins’ countercyclical variations are rather small, be concluded there no striking evidence financial accelerator caused by sector.