| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w20286 |
| 来源ID | Working Paper 20286 |
| International Banking and Liquidity Risk Transmission: Lessons from Across Countries | |
| Claudia M. Buch; Linda S. Goldberg | |
| 发表日期 | 2014-07-17 |
| 出版年 | 2014 |
| 语种 | 英语 |
| 摘要 | Activities of international banks have been at the core of discussions on the causes and effects of the international financial crisis. Yet we know little about the actual magnitudes and mechanisms for transmission of liquidity shocks through international banks, including the reasons for heterogeneity in transmission across banks. The International Banking Research Network, established in 2012, brings together researchers from around the world with access to micro-level data on individual banks to analyze issues pertaining to global banks. This paper summarizes the common methodology and results of empirical studies conducted in eleven countries to explore liquidity risk transmission. Among the main results is, first, that explanatory power of the empirical model is higher for domestic lending than for international lending. Second, how liquidity risk affects bank lending depends on whether the banks are drawing on official-sector liquidity facilities. Third, liquidity management across global banks can be important for liquidity risk transmission into lending. Fourth, there is substantial heterogeneity in the balance sheet characteristics that affect banks' responses to liquidity risk. Overall, balance sheet characteristics of banks matter for differentiating their lending responses, mainly in the realm of cross-border lending. |
| 主题 | International Economics ; International Finance ; International Macroeconomics ; Globalization and International Relations ; Financial Economics ; Financial Institutions ; Corporate Finance |
| URL | https://www.nber.org/papers/w20286 |
| 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/577976 |
| 推荐引用方式 GB/T 7714 | Claudia M. Buch,Linda S. Goldberg. International Banking and Liquidity Risk Transmission: Lessons from Across Countries. 2014. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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