| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP15564 |
| DP15564 GSIB status and corporate lending: An international analysis | |
| Hans Degryse; Mike Mariathasan; Thi Hien Tang | |
| 发表日期 | 2020-12-16 |
| 出版年 | 2020 |
| 语种 | 英语 |
| 摘要 | Global Systemically Important Banks (GSIBs) benefit from implicit government guarantees but face additional capital requirements and oversight. This paper examines the effectiveness of the Financial Stability Board’s recently introduced GSIB-framework and its short-run implications for the real economy, by exploiting the leak of a partially accurate GSIB list by the Financial Times. We find that GSIB-designation reduces the supply of syndicated loans to risky corporate borrowers by 8%, and that these borrowers experience lower asset-, investment- and sales growth than similar firms borrowing from non-GSIB banks. The results appear to be driven by stricter supervision, not by higher capital surcharges. |
| 主题 | Financial Economics |
| URL | https://cepr.org/publications/dp15564 |
| 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/544570 |
| 推荐引用方式 GB/T 7714 | Hans Degryse,Mike Mariathasan,Thi Hien Tang. DP15564 GSIB status and corporate lending: An international analysis. 2020. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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