Does Interbank Borrowing Reduce Bank Risk?

被引:44
|
作者
Dinger, Valeriya [1 ]
von Hagen, Juergen [1 ]
机构
[1] Univ Bonn, D-5300 Bonn, Germany
关键词
E53; G21; interbank market; bank risk; market discipline; transition countries; MARKET DISCIPLINE; SYSTEMIC RISK; LIQUIDITY;
D O I
10.1111/j.1538-4616.2009.00217.x
中图分类号
F8 [财政、金融];
学科分类号
0202 ;
摘要
In this paper we investigate whether banks that borrow from other banks have lower risk levels. We concentrate on a large sample of Central and Eastern European banks that allows us to explore the impact of interbank lending when exposures are long term and interbank borrowers are small banks. The results of the empirical analysis generally confirm the hypothesis that long-term interbank exposures result in lower risk of the borrowing banks.
引用
收藏
页码:491 / 506
页数:16
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