G2TT
来源类型Discussion paper
规范类型论文
来源IDDP7183
DP7183 Some Issues in Modeling and Forecasting Inflation in South Africa
John Muellbauer; Janine Aron
发表日期2009-02-23
出版年2009
语种英语
摘要This paper examines the implications of bank activity and short-term funding strategies for bank risk and return using an international sample of 1334 banks in 101 countries leading up to the 2007 financial crisis. Expansion into non-interest income generating activities such as trading increases the rate of return on assets, and it may offer some risk diversification benefits at very low levels. Non-deposit, wholesale funding in contrast lowers the rate of return on assets, while it can offer some risk reduction at commonly observed low levels of non-deposit funding. A sizeable proportion of banks, however, attract most of their short-term funding in the form of non-deposits at a cost of enhanced bank fragility. Overall, banking strategies that rely prominently on generating non-interest income or attracting non-deposit funding are very risky, consistent with the demise of the U.S. investment banking sector.
主题Financial Economics
关键词Bank fragility Financial crisis Non-interest income share Universal banking Wholesale funding
URLhttps://cepr.org/publications/dp7183
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/536020
推荐引用方式
GB/T 7714
John Muellbauer,Janine Aron. DP7183 Some Issues in Modeling and Forecasting Inflation in South Africa. 2009.
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