| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w19403 |
| 来源ID | Working Paper 19403 |
| Exporting Liquidity: Branch Banking and Financial Integration | |
| Erik Gilje; Elena Loutskina; Philip E. Strahan | |
| 发表日期 | 2013-09-05 |
| 出版年 | 2013 |
| 语种 | 英语 |
| 摘要 | Using exogenous deposit windfalls from oil and natural gas shale discoveries, we demonstrate that bank branch networks help integrate U.S. lending markets. We find that banks exposed to shale booms increase their mortgage lending in non-boom counties by 0.93% per 1% increase in deposits. This effect is present only in markets where banks have branches and is strongest for mortgages that are hard to securitize. Our findings suggest that contracting frictions limit the ability of arm's length finance to integrate credit markets fully. Branch networks continue to play an important role in financial integration, despite the development of securitization markets. |
| 主题 | Financial Economics ; Financial Institutions |
| URL | https://www.nber.org/papers/w19403 |
| 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/577078 |
| 推荐引用方式 GB/T 7714 | Erik Gilje,Elena Loutskina,Philip E. Strahan. Exporting Liquidity: Branch Banking and Financial Integration. 2013. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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