Cookies?
Library Header Image
LSE Research Online LSE Library Services

Cross-border effects of regulation: lessons from Turkey

Baskaya, Yusuf Soner, Binici, Mahir and Kenc, Turalay (2017) Cross-border effects of regulation: lessons from Turkey. International Journal of Central Banking, 13 (S1). pp. 15-22. ISSN 1815-4654

Full text not available from this repository.

Abstract

How do regulatory changes in a foreign country affect the lending growth in another country? This paper addresses this question using bank-level data from Turkey and macroprudential measures from fifty-six countries over a sample period of 2006–13. We offer evidence for the existence of the inward transmission of foreign prudential regulations by showing that the macroprudential tightening abroad leads to lending growth by the banks in Turkey. We find that domestic affiliates of foreign banks play a more prominent role in this transmission.We show that the existence and the magnitude spillovers differ across bank characteristics or the prudential instruments.Finally, our results indicate that the spillovers depend on the financial cycles.

Item Type: Article
Official URL: http://www.ijcb.org/
Additional Information: © 2017 The Authors
Divisions: Management
Subjects: H Social Sciences > HG Finance
Date Deposited: 06 Nov 2017 13:52
Last Modified: 26 Feb 2024 23:24
URI: http://eprints.lse.ac.uk/id/eprint/85072

Actions (login required)

View Item View Item