全球智库信息集成服务系统(G2TT): Follow the Money: Quantifying Domestic Effects of Foreign Bank Shocks in the Great Recession

G2TT

来源类型	Working Paper
规范类型	报告
DOI	10.3386/w17873
来源ID	Working Paper 17873
	Follow the Money: Quantifying Domestic Effects of Foreign Bank Shocks in the Great Recession
	Nicola Cetorelli; Linda S. Goldberg
发表日期	2012-02-23
出版年	2012
语种	英语
摘要	Foreign banks pulled significant funding from their U.S. branches during the Great Recession. We estimate that the average-sized branch experienced a 12 percent net internal fund "withdrawal," with the fund transfer disproportionately bigger for larger branches. This internal shock to the balance sheets of U.S. branches of foreign banks had sizable effects on their lending. On average, for each dollar of funds transferred internally to the parent, branches decreased lending supply by about 40 to 50 cents. However, the extent of the lending effects was very different across branches, depending on their pre-crisis modes of operation in the United States.
主题	Macroeconomics ; Money and Interest Rates ; International Economics ; International Finance ; Financial Economics ; Corporate Finance
URL	https://www.nber.org/papers/w17873
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/575548
推荐引用方式 GB/T 7714	Nicola Cetorelli,Linda S. Goldberg. Follow the Money: Quantifying Domestic Effects of Foreign Bank Shocks in the Great Recession. 2012.