| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP10139 |
| DP10139 Global Bank Lending Flows: Identifying the Flight Home Effect | |
| Beatrice Weder di Mauro; Caroline Van Rijckeghem | |
| 发表日期 | 2014-09-14 |
| 出版年 | 2014 |
| 语种 | 英语 |
| 摘要 | We propose a general specification to estimate the strength of the flight home effect, provide a decomposition into lender and recipient effects and country-by country measures. Flight home occurs when the change in domestic credit extended by domestic banks cannot be accounted for by recipient or lender effects. Based on break-adjusted BIS data, we find evidence of flight home for almost all banking systems with the notable exception of Canada, the US and Japan. In periods of relative calm, reversals of the home bias are small. The result is cumulative renationalization of bank lending. |
| 主题 | International Macroeconomics |
| 关键词 | Deglobalization Financial protectionism International banking system |
| URL | https://cepr.org/publications/dp10139 |
| 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/538972 |
| 推荐引用方式 GB/T 7714 | Beatrice Weder di Mauro,Caroline Van Rijckeghem. DP10139 Global Bank Lending Flows: Identifying the Flight Home Effect. 2014. |
| 条目包含的文件 | 条目无相关文件。 | |||||
除非特别说明，本系统中所有内容都受版权保护，并保留所有权利。
