| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w23080 |
| 来源ID | Working Paper 23080 |
| Does Competition Affect Bank Risk? | |
| Liangliang Jiang; Ross Levine; Chen Lin | |
| 发表日期 | 2017-01-23 |
| 出版年 | 2017 |
| 语种 | 英语 |
| 摘要 | Although policymakers often discuss tradeoffs between bank competition and stability, past research provides differing theoretical perspectives and empirical results on the impact of competition on risk. In this paper, we employ a new approach for identifying exogenous changes in the competitive pressures facing individual banks and discover that an intensification of competition materially boosts bank risk. With respect to the mechanisms, we find that competition reduces bank profits, charter values, and relationship lending and increases banks’ provision of nontraditional banking services. |
| 主题 | Financial Economics ; Financial Institutions ; Corporate Finance ; Industrial Organization ; Market Structure and Firm Performance |
| URL | https://www.nber.org/papers/w23080 |
| 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/580754 |
| 推荐引用方式 GB/T 7714 | Liangliang Jiang,Ross Levine,Chen Lin. Does Competition Affect Bank Risk?. 2017. |
| 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 | ||
| w23080.pdf（623KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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