EconStor >
Deutsche Bundesbank, Forschungszentrum, Frankfurt am Main >
Discussion Paper Series 1: Economic Studies, Deutsche Bundesbank >

Please use this identifier to cite or link to this item:

http://hdl.handle.net/10419/54986
  

Full metadata record

DC FieldValueLanguage
dc.contributor.authorDüwel, Corneliaen_US
dc.contributor.authorFrey, Raineren_US
dc.contributor.authorLipponer, Alexanderen_US
dc.date.accessioned2012-01-27en_US
dc.date.accessioned2012-02-03T10:30:30Z-
dc.date.available2012-02-03T10:30:30Z-
dc.date.issued2011en_US
dc.identifier.isbn978-3-86558-767-1en_US
dc.identifier.urihttp://hdl.handle.net/10419/54986-
dc.description.abstractThis study investigates the determinants of adjustments in the provision of cross-border loans by internationally active banks. For the period from 2002 to 2010, we look at quarterly transaction data (excluding valuation effects) on long-term loans issued by the largest 69 German banking groups to the private sector of 66 countries. We show that the parent bank's lending adjustment is based almost exclusively on supply-side determinants, in particular on bank-specific factors. However, foreign countries' demand and risk characteristics become more relevant when loans are distributed by banks' affiliates located abroad. Focusing on risk measures such as the parent bank's ratio of Tier I capital to risk-weighted assets, we find that rising risk aversion among banks curbed cross-border lending during the financial crisis, especially at a later stage following the collapse of Lehman Brothers. However, we find a threshold at around 11% of the Tier I capital ratio above which an increase in the ratio does not curb lending anymore.en_US
dc.language.isoengen_US
dc.publisherDt. Bundesbank Frankfurt, M.en_US
dc.relation.ispartofseriesDiscussion Paper Series 1: Economic Studies 2011,29en_US
dc.subject.jelG21en_US
dc.subject.jelF23en_US
dc.subject.jelF34en_US
dc.subject.ddc330en_US
dc.subject.keywordcross-border lendingen_US
dc.subject.keywordbanksen_US
dc.subject.keywordfinancial crisisen_US
dc.subject.stwInternationale Kreditvergabeen_US
dc.subject.stwInternationale Banken_US
dc.subject.stwFinanzmarktkriseen_US
dc.subject.stwRisikoaversionen_US
dc.subject.stwWelten_US
dc.titleCross-border bank lending, risk aversion and the financial crisisen_US
dc.typeWorking Paperen_US
dc.identifier.ppn684341034en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
dc.identifier.repecRePEc:zbw:bubdp1:201129-
Appears in Collections:Discussion Paper Series 1: Economic Studies, Deutsche Bundesbank

Files in This Item:
File Description SizeFormat
684341034.pdf391.52 kBAdobe PDF
No. of Downloads: Counter Stats
Show simple item record
Download bibliographical data as: BibTeX

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.