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Cross-border effects of prudential regulation: evidence from the euro area
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| Personen und Körperschaften: | , , |
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| Titel: | Cross-border effects of prudential regulation: evidence from the euro area/ Fabio Franch, Luca Nocciola, Dawid Żochowski |
| Format: | E-Book |
| Sprache: | Englisch |
| veröffentlicht: |
Frankfurt am Main, Germany
European Central Bank
[2019]
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| Gesamtaufnahme: |
Europäische Zentralbank: Working paper series ; no 2285 (May 2019)
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| Quelle: | Verbunddaten SWB Lizenzfreie Online-Ressourcen |
| Zusammenfassung: | We analyse the cross-border propagation of prudential regulation in the euro area. Using the Prudential Instruments Database (Cerutti et al., 2017b) and a unique confidential database on balance sheets items of euro-area financial institutions we estimate panel models for 248 banks from 16 euro-area countries. We find that domestic banks reduce lending after the tightening of capital requirements in other countries, while they increase lending when loan-to-value (LTV) limits or reserve requirements are tightened abroad. We also find that foreign affiliates increase lending following the tightening of sector-specific capital buffers in the countries where their parent banks reside and that bank size and liquidity play a role in determining the magnitude of cross-border spillovers. |
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| Umfang: | 1 Online-Ressource (circa 30 Seiten); Illustrationen |
| ISBN: |
9789289935470
9289935472 |
| DOI: | 10.2866/739335 |