Li, Xiaoming; Liu, Zheng; Peng, Yuchao; Xu, Zhiwei - 2021
risktaking, both on average and conditional on monetary policy easing. However, banks reduce risk-taking by increasing lending to …We study the impact of China's 2013 implementation of Basel III on bank risk-taking and its responses to monetary … policy shocks using confidential loan-level data from a large Chinese bank. Guided by theory, we use a difference …