| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP9034 |
| DP9034 Bank ownership and credit over the business cycle: Is lending by state banks less procyclical? | |
| Harry Huizinga; Asli Demirgüç-Kunt; Ata Bertay | |
| 发表日期 | 2012-07-08 |
| 出版年 | 2012 |
| 语种 | 英语 |
| 摘要 | This paper finds that lending by state banks is less procyclical than lending by private banks, especially in countries with good governance. Lending by state banks in high income countries is even countercyclical. On the liability side, state banks expand potentially unstable non-deposit liabilities relatively little during booms, especially in countries with good governance. Public banks also report loan non-performance more evenly over the business cycle. Overall our results suggest that state banks can play a useful role in stabilizing credit over the business cycle as well as during periods of financial instability. However, the track record of state banks in credit allocation remains quite poor, questioning the wisdom of using state banks as a short term counter-cyclical tool. |
| 主题 | International Macroeconomics |
| 关键词 | lending Procyclicality State banks |
| URL | https://cepr.org/publications/dp9034 |
| 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/537877 |
| 推荐引用方式 GB/T 7714 | Harry Huizinga,Asli Demirgüç-Kunt,Ata Bertay. DP9034 Bank ownership and credit over the business cycle: Is lending by state banks less procyclical?. 2012. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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