Credit and bank opaqueness: How to avoid financial crises?

被引：4

作者：

de Mendonca, Helder Ferreira ^{[1
,2
]}

Cordeiro Galvao, Delio Jose ^{[3
]}

Villela Loures, Renato Falci ^{[4
]}

机构：

[1] Univ Fed Fluminense, Dept Econ, BR-26900000 Miguel Pereira, RJ, Brazil

[2] Univ Fed Fluminense, CNPq, Natl Council Sci & Technol Dev, BR-26900000 Miguel Pereira, RJ, Brazil

[3] Cent Bank Brazil, BR-22080002 Copacabana, RJ, Brazil

[4] Itau Unibanco Bank, BR-22070002 Copacabana, RJ, Brazil

来源：

ECONOMIC MODELLING | 2013年 / 33卷

关键词：

Bank opaqueness; Bank credit; Credit sudden stop; Financial crisis; PANEL-DATA; RISK;

D O I：

10.1016/j.econmod.2013.05.001

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This study makes a contribution to the literature on bank opaqueness and bank credit through empirical evidence gathered from data of 310 NYSE and NASDAQ banks for the period 1Q1990 to 4Q2009. In addition to developing an opacity index based on bank risk information, the empirical analysis identifies and considers events of credit sudden stops. The main conclusion is that a decrease in bank opaqueness fosters an environment favorable to the development of a sound banking system, which, in turn, facilitates the strengthening of the credit chain and the avoidance of financial crises. (C) 2013 Elsevier B.V. All rights reserved.

引用

页码：605 / 612

页数：8

共 50 条

[1] How to Avoid Financial Crises
Thalassinos, Eleftherios
Thalassinos, Yannis
[J]. CHALLENGES AND OPPORTUNITIES IN THE DIGITAL ERA, 2018, 11195 : 232 - 243
[2] Financial crises, credit ratings, and bank failures - An introduction
Reinhart, CM
[J]. WORLD BANK ECONOMIC REVIEW, 2002, 16 (02): : 149 - 150
[3] Trade credit and bank credit: Evidence from recent financial crises
Love, Inessa
Preve, Lorenzo A.
Sarria-Allende, Virginia
[J]. JOURNAL OF FINANCIAL ECONOMICS, 2007, 83 (02) : 453 - 469
[4] Bank lending procyclicality and credit quality during financial crises
Caporale, Guglielmo Maria
Di Colli, Stefano
Lopez, Juan Sergio
[J]. ECONOMIC MODELLING, 2014, 43 : 142 - 157
[5] The 2007-2009 financial crisis and bank opaqueness
Flannery, Mark J.
Kwan, Simon H.
Nimalendran, Mahendrarajah
[J]. JOURNAL OF FINANCIAL INTERMEDIATION, 2013, 22 (01) : 55 - 84
[6] Inequality, credit and financial crises
Perugini, Cristiano
Hoelscher, Jens
Collie, Simon
[J]. CAMBRIDGE JOURNAL OF ECONOMICS, 2016, 40 (01) : 227 - 257
[7] Business cycles, bank credit and crises
Bucher, Monika
Dietrich, Diemo
Hauck, Achim
[J]. ECONOMICS LETTERS, 2013, 120 (02) : 229 - 231
[8] Financial Crises and Bank Capital
Aliber, Robert Z.
[J]. ATLANTIC ECONOMIC JOURNAL, 2019, 47 (01) : 1 - 11
[9] Bank opacity and financial crises
Jungherr, Joachim
[J]. JOURNAL OF BANKING & FINANCE, 2018, 97 : 157 - 176
[10] Financial Crises and Bank Capital
Robert Z. Aliber
[J]. Atlantic Economic Journal, 2019, 47 : 1 - 11

← 1 2 3 4 5 →