| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w22195 |
| 来源ID | Working Paper 22195 |
| Competition and Bank Liquidity Creation | |
| Liangliang Jiang; Ross Levine; Chen Lin | |
| 发表日期 | 2016-05-02 |
| 出版年 | 2016 |
| 语种 | 英语 |
| 摘要 | Does an intensification of competition among banks increase or decrease liquidity creation? By integrating the dynamic process of interstate bank deregulation that lowered barriers to competition across U.S. states over the 1980s and 1990s with the gravity model of the geographic expansion of banks, we construct time-varying measures of the competitive pressures facing each individual bank. We find that regulatory-induced competition reduced liquidity creation. Consistent with some theories, we also find that the liquidity-destroying effects of competition are mitigated among more profitable banks and heightened among smaller banks. |
| 主题 | Financial Economics ; Financial Institutions ; Corporate Finance |
| URL | https://www.nber.org/papers/w22195 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/579869 |
| 推荐引用方式 GB/T 7714 | Liangliang Jiang,Ross Levine,Chen Lin. Competition and Bank Liquidity Creation. 2016. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w22195.pdf（483KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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