The influence of bank ownership on credit supply: Evidence from the recent financial crisis

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216208%3A11230%2F13%3A10196501" target="_blank" >RIV/00216208:11230/13:10196501 - isvavai.cz</a>

Výsledek na webu

<a href="http://dx.doi.org/10.1016/j.ememar.2013.02.002" target="_blank" >http://dx.doi.org/10.1016/j.ememar.2013.02.002</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.1016/j.ememar.2013.02.002" target="_blank" >10.1016/j.ememar.2013.02.002</a>

Jazyk výsledku

angličtina

Název v původním jazyce

The influence of bank ownership on credit supply: Evidence from the recent financial crisis

Popis výsledku v původním jazyce

This study examines how bank ownership influenced the credit supply during the recent financial crisis in Russia, where the banking sector consists of a mix of state-controlled banks, foreign-owned banks, and domestic private banks. To estimate credit supply changes, we apply an original approach based on stochastic frontier analysis. We use quarterly data for Russian banks covering the period from the beginning of 2007 to the end of 2009. Our findings suggest that bank ownership affected credit supplyduring the financial crisis and that the crisis led to an overall decrease in the credit supply. Relative to domestic private banks foreign-owned banks reduced their credit supply more and state-controlled banks less. This supports the hypothesis that foreign banks have a "lack of loyalty" to domestic actors during a crisis, as well as the view that an objective function of state-controlled banks leads them to support the economy during economic downturns. (C) 2013 Elsevier B.V. All righ

Název v anglickém jazyce

The influence of bank ownership on credit supply: Evidence from the recent financial crisis

Popis výsledku anglicky

This study examines how bank ownership influenced the credit supply during the recent financial crisis in Russia, where the banking sector consists of a mix of state-controlled banks, foreign-owned banks, and domestic private banks. To estimate credit supply changes, we apply an original approach based on stochastic frontier analysis. We use quarterly data for Russian banks covering the period from the beginning of 2007 to the end of 2009. Our findings suggest that bank ownership affected credit supplyduring the financial crisis and that the crisis led to an overall decrease in the credit supply. Relative to domestic private banks foreign-owned banks reduced their credit supply more and state-controlled banks less. This supports the hypothesis that foreign banks have a "lack of loyalty" to domestic actors during a crisis, as well as the view that an objective function of state-controlled banks leads them to support the economy during economic downturns. (C) 2013 Elsevier B.V. All righ

Druh

J_x - Nezařazeno - Článek v odborném periodiku (Jimp, Jsc a Jost)

CEP obor

AH - Ekonomie

OECD FORD obor

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Projekt

—

Návaznosti

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Rok uplatnění

2013

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název periodika

Emerging Markets Review

ISSN

1566-0141

e-ISSN

—

Svazek periodika

9

Číslo periodika v rámci svazku

6

Stát vydavatele periodika

NL - Nizozemsko

Počet stran výsledku

12

Strana od-do

136-147

Kód UT WoS článku

000319633900008

EID výsledku v databázi Scopus

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