Liquidity Dynamics of Banks in Emerging Market Economies

被引：4

作者：

Mashamba, Tafirei ^{[1
,2
]}

机构：

[1] Great Zimbabwe Univ, Masvingo, Zimbabwe

[2] Univ South Africa, Pretoria, South Africa

来源：

JOURNAL OF CENTRAL BANKING THEORY AND PRACTICE | 2022年 / 11卷 / 01期

关键词：

bank liquidity; liquidity dynamics; commercial banks; emerging markets; GMM; INVESTMENT DECISIONS; RISK; INFORMATION;

D O I：

10.2478/jcbtp-2022-0008

中图分类号：

F8 [财政、金融];

学科分类号：

0202 ;

摘要：

This study examines the liquidity dynamics of banks in emerging market economies. Using annual data of 91 commercial banks from 11 countries, the study established that banks in emerging markets have target liquidity ratios they pursue and partially adjust due to market frictions. Overall, risk aversion and prudence play a significant role in explaining the liquidity dynamics by banks in emerging market economies.

引用

页码：179 / 206

页数：28

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