Show simple item record Baskaya, Yusuf Soner Di Giovanni, Julian Kalemli-Özcan, Şebnem Peydró, José-Luis Ulu, Mehmet Fatih 2019-12-16T10:56:32Z 2019-12-16T10:56:32Z 2017
dc.identifier.citation Baskaya YS, Di Giovanni J, Kalemli-Özcan S, Peydró JL, Ulu MF. Capital flows and the international credit channel. J Int Econ. 2017 May;108 Suppl 1:S15-22. DOI: 10.1016/j.jinteco.2016.12.003
dc.identifier.issn 0022-1996
dc.description.abstract We examine the role of the international credit channel in Turkey over 2005–2013. We show that larger, more capitalized banks with higher non-core liabilities increase credit supply when capital inflows are higher. This result is stronger for domestic banks relative to foreign banks and survives during the crisis period of post-2008, when foreign banks in general stop lending in emerging markets and retreat to their home countries. By decomposing capital inflows into bank and non-bank flows, we show the importance of domestic banks' external borrowing for domestic credit growth.
dc.description.sponsorship Di Giovanni and Peydro thank the Spanish Ministry of Economy and Competitiveness, through the Severo Ochoa Programme for Centres of Excellence in R&D (SEV-2015-0563) for financial support.
dc.format.mimetype application/pdf
dc.language.iso eng
dc.publisher Elsevier
dc.relation.ispartof Journal of International Economics. 2017 May;108 Suppl 1:S15-22
dc.rights Under a Creative Commons license
dc.title Capital flows and the international credit channel
dc.type info:eu-repo/semantics/article
dc.subject.keyword Capital flows
dc.subject.keyword Bank-lending channel
dc.subject.keyword Bank heterogeneity
dc.rights.accessRights info:eu-repo/semantics/openAccess
dc.type.version info:eu-repo/semantics/publishedVersion


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