The effects of government debt on banks' risk-taking: international evidence

被引:1
|
作者
Huang, Xiaowei [1 ]
Yu, Li [1 ,2 ]
机构
[1] Univ Int Business & Econ, Sch Banking & Finance, Beijing, Peoples R China
[2] Univ Int Business & Econ, Beijing 100029, Peoples R China
基金
中国国家自然科学基金;
关键词
Government debt; banks' risk-taking; international evidence; government debt investors; bank characteristics;
D O I
10.1080/13504851.2021.1977230
中图分类号
F [经济];
学科分类号
02 ;
摘要
We empirically investigate the effects of government debt on banks' risk-taking by using a dataset covering 10,122 banks located in 65 countries between 2009 and 2019. We find that a greater supply of government debt can increase risk-taking of banks. This positive relation is stronger for domestic government debt, or for banks with higher level of capitalization and loans to deposits.
引用
收藏
页码:108 / 113
页数:6
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