| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w27964 |
| 来源ID | Working Paper 27964 |
| How Did Depositors Respond to COVID-19? | |
| Ross Levine; Chen Lin; Mingzhu Tai; Wensi Xie | |
| 发表日期 | 2020-10-19 |
| 出版年 | 2020 |
| 语种 | 英语 |
| 摘要 | Why did banks experience massive deposit inflows during the first months of the pandemic? Using weekly branch-level data on interest rates and county-level data on COVID-19 cases, we discover that interest rates at bank branches in counties with higher COVID-19 infection rates fell by more than rates at other branches—even branches of the same bank in different counties. When differentiating weeks by the degree of stock market distress and counties by the likely impact of COVID-19 cases on economic anxiety, the evidence suggests that the deposit inflows were triggered by a surge in the supply of precautionary savings. |
| 主题 | Microeconomics ; Households and Firms ; Financial Economics ; Financial Institutions ; COVID-19 |
| URL | https://www.nber.org/papers/w27964 |
| 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/585638 |
| 推荐引用方式 GB/T 7714 | Ross Levine,Chen Lin,Mingzhu Tai,et al. How Did Depositors Respond to COVID-19?. 2020. |
| 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 | ||
| w27964.pdf（732KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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