A PROCICLICIDADE DO SISTEMA BANCARIO EN ESPAÑA. ESTUDO DESCRITIVO DO COMPORTAMENTO DO NEGOCIO BANCARIO PERANTE O CAMBIO DE CICLO.

Abstract

The purpose of this study is to analyze the degree of procyclicality of the banking business and the relationship between the effects of the banking crisis and the financial crisis. Conclusions extracted from the empirical analysis of the banking system in the periods before and after the beginning of the crisis period confirm that the banking and credit risk management should take into consideration not only variables regarding the debtor, but all those related to the whole economy.