원문정보
피인용수 : 0건 (자료제공 : 네이버학술정보)
초록
영어
A lending boom is reected in the composition of bank liabilities when traditional retail deposits (core liabilities) cannot keep pace with asset growth and banks turn to other funding sources (non-core liabil- ities) to nance their lending. We formulate a model of credit supply as the ip side of a credit risk model where a large stock of non-core liabilities serves as an indicator of the erosion of risk premiums and hence of vulnerability to a crisis. We nd supporting empirical evi- dence in a panel probit study of emerging and developing economies.
목차
Abstract
1 Introduction
2 Model
3 Evidence from Panel Probit
3.1 Data Description and Methodology
3.2 Probit Estimation Results
4 Robustness Checks
4.1 Analysis with Quarterly Credit to GDP Ratio
4.2 Global Factors as Control Variables
4.3 Alternative Dependent Variables
5 Summary and Concluding Remarks
References
Appendix
1 Introduction
2 Model
3 Evidence from Panel Probit
3.1 Data Description and Methodology
3.2 Probit Estimation Results
4 Robustness Checks
4.1 Analysis with Quarterly Credit to GDP Ratio
4.2 Global Factors as Control Variables
4.3 Alternative Dependent Variables
5 Summary and Concluding Remarks
References
Appendix
저자정보
참고문헌
자료제공 : 네이버학술정보