| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w16029 |
| 来源ID | Working Paper 16029 |
| All Banks Great, Small, and Global: Loan pricing and foreign competition | |
| Beatriz de Blas; Katheryn Niles Russ | |
| 发表日期 | 2010-05-27 |
| 出版年 | 2010 |
| 语种 | 英语 |
| 摘要 | Can allowing foreign participation in the banking sector increase real output, despite the imperfectly competitive nature of the industry? Using a new model of heterogeneous, imperfectly competitive lenders and a simple search process, we show how endogenous markups (the net interest margin commonly used to proxy lending-to-deposit rate spreads) can increase with FDI while the rates banks charge to borrowers are largely unchanged or actually fall. We contrast the competitive effects from cross-border bank takeovers with those of cross-border lending by banks located overseas, which in most cases reduces markups and interest rates. Both policies can increase aggregate output and generate permanent current account imbalances. |
| 主题 | International Economics ; Trade ; International Factor Mobility ; International Finance ; International Macroeconomics |
| URL | https://www.nber.org/papers/w16029 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/573704 |
| 推荐引用方式 GB/T 7714 | Beatriz de Blas,Katheryn Niles Russ. All Banks Great, Small, and Global: Loan pricing and foreign competition. 2010. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w16029.pdf（436KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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