G2TT
来源类型Discussion paper
规范类型论文
来源IDDP15278
DP15278 Forward looking loan provisions: Credit supply and risk-taking
José-Luis Peydró; Gaizka Ormazabal; Bernardo Morais; Monica Roa; Miguel Sarmiento
发表日期2020-09-10
出版年2020
语种英语
摘要We show corporate-level real, financial, and (bank) risk-taking effects associated with calculating loan provisions based on expected—rather than incurred—credit losses. For identification, we exploit unique features of a Colombian reform and supervisory, matched loan-level data. The regulatory change induces a dramatic increase in provisions. Banks tighten all new lending conditions, adversely affecting borrowing-firms, with stronger effects for risky-firms. Moreover, to minimize provisioning, more affected (less-capitalized) banks cut credit supply to risky-firms— SMEs with shorter credit history, less tangible assets or more defaulted loans—but engage in “search-for-yield” within regulatory constraints and increase portfolio concentration, thereby decreasing risk diversification.
主题International Macroeconomics and Finance
关键词Loan provisions Ifrs9 Ecl Corporate real and credit supply effects of accounting Bank risk-taking
URLhttps://cepr.org/publications/dp15278
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/544254
推荐引用方式
GB/T 7714
José-Luis Peydró,Gaizka Ormazabal,Bernardo Morais,et al. DP15278 Forward looking loan provisions: Credit supply and risk-taking. 2020.
条目包含的文件
条目无相关文件。
个性服务
推荐该条目
保存到收藏夹
导出为Endnote文件
谷歌学术
谷歌学术中相似的文章
[José-Luis Peydró]的文章
[Gaizka Ormazabal]的文章
[Bernardo Morais]的文章
百度学术
百度学术中相似的文章
[José-Luis Peydró]的文章
[Gaizka Ormazabal]的文章
[Bernardo Morais]的文章
必应学术
必应学术中相似的文章
[José-Luis Peydró]的文章
[Gaizka Ormazabal]的文章
[Bernardo Morais]的文章
相关权益政策
暂无数据
收藏/分享

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。