| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w22335 |
| 来源ID | Working Paper 22335 |
| Sovereign Risk and Bank Lending: Evidence from 1999 Turkish Earthquake | |
| Yusuf Soner Baskaya; Sebnem Kalemli-Ozcan | |
| 发表日期 | 2016-06-13 |
| 出版年 | 2016 |
| 语种 | 英语 |
| 摘要 | We investigate the effect of sovereign risk on credit supply, using August 1999 Earthquake as an exogenous shock leading to an increase in Turkey's default risk. Using data on universe of banks between 1997-2012, we show that, banks with higher ex-ante exposures to government bonds suffered a bigger shock to their networth and decreased lending more ex-post. Tracing the impact of an exogenous increase in the sovereign spread to credit supply, the average bank decreases its credit supply by 1.6 percentage points which corresponds to 55 percent of the actual decline in aggregate loan provision in the aftermath of the shock. |
| 主题 | Macroeconomics ; International Economics ; Financial Economics ; Financial Institutions |
| URL | https://www.nber.org/papers/w22335 |
| 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/580008 |
| 推荐引用方式 GB/T 7714 | Yusuf Soner Baskaya,Sebnem Kalemli-Ozcan. Sovereign Risk and Bank Lending: Evidence from 1999 Turkish Earthquake. 2016. |
| 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 | ||
| w22335.pdf（608KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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