Banking sector resilience to financial spillovers
Banking sector resilience to financial spillovers
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DOI：
10.1080/13504851.2016.1200173
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发表时间：
2017-03
影响因子：
1.6
通讯作者：
Wang Chen;S. Hamori;Takuji Kinkyo
中科院分区：
文献类型：
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作者：
Wang Chen;S. Hamori;Takuji Kinkyo
摘要本文通过大量银行层面的数据，分析了美国金融冲击的溢出效应是否与受影响国家银行业的基本特征不同。我们发现，银行业的特点是更高程度的竞争和更大的安全边际是金融溢出的影响较小。结果是稳健的，包括银行层面的控制变量，捕捉个别银行的贷款能力。
ABSTRACT By using a large sample of bank-level data, we analyse whether the spillover effects of US financial shocks differ with the fundamental characteristics of the banking sectors in the affected countries. We find that a banking sector characterized by a higher degree of competition and larger margin of safety is less affected by financial spillovers. The results are robust to the inclusion of bank-level control variables that capture individual banks’ lending capacity.