| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP17263 |
| DP17263 Trust and the Interbank Market Puzzle | |
| Franklin Allen; Giovanni Covi; Oskar Kowalewski; Mattia Montagna | |
| 发表日期 | 2022-04-28 |
| 出版年 | 2022 |
| 语种 | 英语 |
| 摘要 | This study documents significant differences in the size of interbank markets across countries. We argue the differences can be explained by the trust in the financial systems, proxied by the history of banking crises and failures. Banks from a country with lower trust tend to have lower interbank borrowing. Using a proprietary dataset on bilateral exposures, we investigate the Euro Area interbank network and find the effect of trust relies on the interbank network structure. Core banks as intermediaries are more significantly influenced by trust while being more exposed in a community can mitigate the negative effect of low trust. |
| 主题 | Financial Economics |
| 关键词 | Interbank market Trust Networks Centrality Community detection |
| URL | https://cepr.org/publications/dp17263 |
| 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/546277 |
| 推荐引用方式 GB/T 7714 | Franklin Allen,Giovanni Covi,Oskar Kowalewski,et al. DP17263 Trust and the Interbank Market Puzzle. 2022. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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