• Medientyp: E-Book
  • Titel: Cross-Border Effects of Prudential Regulation : Evidence from the Euro Area
  • Beteiligte: Franch, Fabio [Verfasser:in]; Nocciola, Luca [Sonstige Person, Familie und Körperschaft]; Żochowski, Dawid [Sonstige Person, Familie und Körperschaft]
  • Erschienen: [S.l.]: SSRN, [2019]
  • Erschienen in: ECB Working Paper ; No. 2285 (2019)
    ISBN 978-92-899-3547-0
  • Umfang: 1 Online-Ressource (30 p)
  • Sprache: Englisch
  • DOI: 10.2139/ssrn.3393348
  • Identifikator:
  • Entstehung:
  • Anmerkungen: Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments May 23, 2019 erstellt
  • Beschreibung: We analyse the cross-border propagation of prudential regulation in the euro area. Using the Prudential Instruments Database (Cerutti et al., 2017b) and a unique confidential database on balance sheets items of euro-area financial institutions we estimate panel models for 248 banks from 16 euro-area countries. We find that domestic banks reduce lending after the tightening of capital requirements in other countries, while they increase lending when loan-to-value (LTV) limits or reserve requirements are tightened abroad. We also find that foreign affiliates increase lending following the tightening of sector-specific capital buffers in the countries where their parent banks reside and that bank size and liquidity play a role in determining the magnitude of cross-border spillovers
  • Zugangsstatus: Freier Zugang