Showing 1 - 10 of 272
State-owned banks tend to increase lending before elections for the purpose of boosting the re-election odds of incumbent politicians. We employ monthly data on individual banks to study whether Russian banks increased their lending before presidential elections during 2004-2019, a period...
Persistent link: https://www.econbiz.de/10012182004
This paper examines how bank competition influences the bank lending channel in the Euro area countries. Using a large … policy actions depending on the degree of bank competition. We find that the effect of monetary policy on bank lending is … dependent on bank competition: the transmission of monetary policy through the bank lending channel is less pronounced for banks …
Persistent link: https://www.econbiz.de/10013035399
This work examines the impact of bank efficiency on the bank lending channel in China. Using a sample of 175 Chinese … bank's efficiency. While bank efficiency does not exert an impact on the effectiveness of monetary policy transmission … expansion of shadow banking activities has been associated with a positive impact of bank efficiency on monetary policy …
Persistent link: https://www.econbiz.de/10012431914
Despite the extensive debate on the effects of bank competition, only a handful of single-country studies deal with the … impact of bank competition on the cost of credit. We contribute to the literature by investigating the impact of bank … period 2001–2011, we consider a broad set of measures of bank competition, including two structural measures (Herfindahl …
Persistent link: https://www.econbiz.de/10012903437
This work examines the impact of bank efficiency on the bank lending channel in China. Using a sample of 175 Chinese … bank’s efficiency. While bank efficiency does not exert an impact on the effectiveness of monetary policy transmission … expansion of shadow banking activities has been associated with a positive impact of bank efficiency on monetary policy …
Persistent link: https://www.econbiz.de/10013247758
This paper examines how reserve requirements influence the transmission of monetary policy through the bank lending … channel in China while also taking into account the role of bank ownership. The implementation of Chinese monetary policy is …. We find no evidence of the bank lending channel through the use of reserve requirements. We observe, nonetheless, that …
Persistent link: https://www.econbiz.de/10013014505
To analyze whether the occurrence of elections affects access to credit for firms, we perform an investigation using firm-level data covering 44 developed and developing countries. The results show that elections impair access to credit. Specifically, firms are more credit-constrained in...
Persistent link: https://www.econbiz.de/10012819438
This paper examines how reserve requirements influence the transmission of monetary policy through the bank lending … channel in China while also taking into account the role of bank ownership. The implementation of Chinese monetary policy is …. We find no evidence of the bank lending channel through the use of reserve requirements. We observe, nonetheless, that …
Persistent link: https://www.econbiz.de/10012902901
We analyze the determinants of debt choices for Chinese firms between bonds and syndicated loans. This issue helps appraise the weak development of bond market in China. We test if flotation costs, asymmetries of information, and renegotiation and liquidation costs influence the choice of debt...
Persistent link: https://www.econbiz.de/10013118574
This study examines how bank ownership influenced the credit supply during the recent financial crisis in Russia, where … original approach based on stochastic frontier analysis. Our findings suggest bank ownership affected credit supply during the …
Persistent link: https://www.econbiz.de/10013105138