Rumondor, Bayront Yudit; Bary, Pakasa - In: Journal of Central Banking Theory and Practice 9 (2020) S1, pp. 33-53
This paper investigates the impact of capital flows on bank risk-taking behavior. It undertakes two levels of empirical estimations, namely (i) single-country industry-level; and (ii) multi-country industry-level estimations, covering emerging market economies. The results suggest that capital...