significant differences between the investors which are linked to banks and those financiers which are not. Although, the …

banks during the recent financial crisis. What is common to most of the empirical studies in this field is that they …. A generalized autoregressive conditional heteroscedasticity (GARCH) model is applied to the data of four large US banks …

differences in financial factors, which may reflect differences in country risk and the legal and regulatory framework that banks …

uncertainty. This proposition is tested using a panel of Ukrainian banks collected from NBU and covering the period 2003q1-2005q3 …. The results indicate that banks increase their lending ratios when macroeconomic uncertainty decreases. We demonstrate … that our results are robust with respect to the measurement of macroeconomic uncertainty. The reaction of banks to changes …