Capital, funding liquidity, and bank lending in emerging economies: An application of the LSDVC approach
Capital, funding liquidity, and bank lending in emerging economies: An application of the LSDVC approach
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DOI：
10.1016/j.bir.2018.08.002
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发表时间：
2019-06-01
影响因子：
5.2
通讯作者：
Bany-Ariffin, A. N.
中科院分区：
文献类型：
--
作者：
Dahir, A. M.;Mahat, F.;Bany-Ariffin, A. N.
本文使用动态最小二乘虚拟变量校正（LSDVC）方法，研究了2006年至2015年期间资金流动性对银行贷款增长的影响。实证结果表明，我国银行的资金流动性为负且显著，说明较高的资金流动性会降低银行贷款增长。此外，当银行资本增加时，银行贷款会有所改善，并且资金流动性对银行贷款的减少效果因资本而异。这些发现仍然稳健的替代估计。这项研究为政策制定者理解银行贷款中资金流动性的作用提供了启示。版权所有（C）2018，伊斯坦布尔Borsa Anonim Sirketi。制作和主办：Elsevier B.V.
The paper examines the effect of funding liquidity on bank loan growth using a dynamic least squares dummy variable corrected (LSDVC) approach over the period between 2006 and 2015. The empirical results reveal that funding liquidity is negative and significant, which suggests that higher funding liquidity reduces bank loan growth. In addition, bank lending improves when bank capital increases and the reduction effect of funding liquidity on bank lending varies with capital. These findings remain robust to an alternative estimator. The study provides implications for policymakers to understand the role of funding liquidity in bank lending. Copyright (C) 2018, Borsa Istanbul Anonim Sirketi. Production and hosting by Elsevier B.V.