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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP11827 |
DP11827 Capital Flows and the International Credit Channel | |
Julian di Giovanni; Sebnem Kalemli-Ozcan; José-Luis Peydró; Yusuf Soner Baskaya; Mehmet Fatih Ulu | |
发表日期 | 2017-02-03 |
出版年 | 2017 |
语种 | 英语 |
摘要 | We examine the role of the international credit channel in Turkey over 2005-2013. We show that larger, more capitalised banks with higher non-core liabilities increase credit supply when capital inflows are higher. This result is stronger for domestic banks relative to foreign banks and survives during the crisis period of post 2008, when foreign banks in general stop lending in emerging markets and retreat to their home countries. By decomposing capital inflows into bank and non-bank flows, we show the importance of domestic banks' external borrowing for domestic credit growth. |
主题 | Financial Economics ; International Macroeconomics and Finance ; Monetary Economics and Fluctuations |
关键词 | Capital flows Bank-lending channel Bank heterogeneity |
URL | https://cepr.org/publications/dp11827 |
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/540640 |
推荐引用方式 GB/T 7714 | Julian di Giovanni,Sebnem Kalemli-Ozcan,José-Luis Peydró,et al. DP11827 Capital Flows and the International Credit Channel. 2017. |
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