| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w26564 |
| 来源ID | Working Paper 26564 |
| Government Guarantees and Bank Vulnerability during a Crisis: Evidence from an Emerging Market | |
| Viral V. Acharya; Nirupama Kulkarni | |
| 发表日期 | 2019-12-23 |
| 出版年 | 2019 |
| 语种 | 英语 |
| 摘要 | We analyze the performance of Indian banks during 2007–09 relative to their vulnerability to a crisis measured using pre-crisis data, in order to study the impact of government guarantees on bank performance during a crisis. Using bank branch-level regulatory data, we exploit geographic variation in the exposure to state-owned banks to show that vulnerable private sector bank branches in districts with greater exposure to state-owned banks experienced deposit withdrawals and shortening of deposit maturity. In contrast, nearby vulnerable state-owned bank branches grew their deposit base and increased loan advances but with poorer ex-post performance of loans. Our evidence suggests that access to stronger government guarantees during aggregate crises allows even vulnerable state-owned banks to access and extend credit cheaply despite their under-performance, and this renders private sector banks especially vulnerable to crises. |
| 主题 | Financial Economics ; Financial Institutions ; Public Economics |
| URL | https://www.nber.org/papers/w26564 |
| 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/584238 |
| 推荐引用方式 GB/T 7714 | Viral V. Acharya,Nirupama Kulkarni. Government Guarantees and Bank Vulnerability during a Crisis: Evidence from an Emerging Market. 2019. |
| 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 | ||
| w26564.pdf（12574KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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