Gateway to Think Tanks
来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w23167 |
来源ID | Working Paper 23167 |
Bank Health Post-Crisis | |
Kyriakos T. Chousakos; Gary B. Gorton | |
发表日期 | 2017-02-13 |
出版年 | 2017 |
语种 | 英语 |
摘要 | Economic growth is persistently low following a financial crisis, possibly because of a continuing weal banking system. In a financial crisis bank health is significantly damaged. Post-crisis regulatory changes have aimed at restoring bank health, but measuring bank health by Tobin's Q, we find that the ill health of banks in the recent U.S. financial crisis and the Euro crisis has persisted, especially compared to other crises in advanced economies. The low Q's cannot be explained by the state of the macro-economy. The results seem to suggest that bank regulatory changes may be repressive. |
主题 | Macroeconomics ; Business Cycles ; Money and Interest Rates ; Financial Economics ; Financial Institutions |
URL | https://www.nber.org/papers/w23167 |
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/580841 |
推荐引用方式 GB/T 7714 | Kyriakos T. Chousakos,Gary B. Gorton. Bank Health Post-Crisis. 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 | ||
w23167.pdf(429KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。