Technical Cooperation Programme

Study visit of the Central Bank of Tunisia to the Economic Research Department of Narodowy Bank Polski

Date: 03-07-2017

Two representatives from the Central Bank of Tunisia participated in the study visit which took place on 27-30 June 2017 at the NBP Head Office in Warsaw.

During the visit our visitants got acquainted with the following topics:

  • Credit channel theory. Identification of credit channel on macro and micro data;
  • Credit channel through the lenses of the Senior Loan Officers Opinion Survey conducted by Narodowy Bank Polski. Factors driving credit standards;
  • The use of data from loan registers and other micro data on households and the enterprise sector by the central bank;
  • How do banks set interest rates?
  • Panel data estimations: methods for estimation dynamic panel data, non-stationary panels, unit root tests, cointergating relationships;
  • Interest rate pass-through on the panel data: estimates on the Tunisian data from the individual banks using STATA package.

During the visit our guests had also the opportunity to visit the NBP Money Centre.

Narodowy Bank Polski thanks our guests for the active participation and all the NBP experts for their contribution.

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