文章基本信息

标题：When the cat's away the mice will play: does regulation at home affect bank risk taking abroad?
本地全文：下载
作者：Steven Ongena ; Alexander Popov ; Gregory F. Udell 等
期刊名称：Euro Area Balance of Payments and International Investment Position Statistics
印刷版ISSN：1830-3420
电子版ISSN：1830-3439
出版年度：2012
出版社：European Central Bank
摘要：This paper provides the rst empirical evidence that bank regulation is associated with cross-border spillover e¤ects through the lending activities of large multinational banks. We analyze business lending by 155 banks to 9613 rms in 1976 di¤erent localities across 16 countries. We nd that lower barriers to entry, tighter restrictions on bank activities, and higher minimum capital requirements in domestic markets are associated with lower bank lending standards abroad. The e¤ects are stronger when banks are less e¢ ciently supervised at home, and are observed to exist independently from the impact of host-country regulation
关键词：bank regulation; cross-border nancial institutions; lending standards;nancial risk.