Baskaya, Yusuf Soner 
ORCID: 0000-0003-4416-4907, Giovanni, Julian, Kalemli Özcan, Şebnem, Peydro, José-Luis and Ulu, Mehmet Faith
(2017)
Capital flows and the international credit channel.
Journal of International Economics, 108 (1).
pp. 15-22.
ISSN 0022-1996
Abstract
We examine the role of the international credit channel in Turkey over 2005–2013. We show that larger, more capitalized banks with higher non-core liabilities increase credit supply when capital inflows are higher. This result is stronger for domestic banks relative to foreign banks and survives during the crisis period of post-2008, when foreign banks in general stop lending in emerging markets and retreat to their home countries. By decomposing capital inflows into bank and non-bank flows, we show the importance of domestic banks' external borrowing for domestic credit growth.
| Item Type: | Article |
|---|---|
| Official URL: | http://www.sciencedirect.com/science/journal/00221... |
| Additional Information: | © 2017 Elsevier |
| Divisions: | Management |
| Subjects: | H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management |
| Date Deposited: | 06 Nov 2017 13:44 |
| Last Modified: | 20 Dec 2024 00:34 |
| URI: | http://eprints.lse.ac.uk/id/eprint/85071 |
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