International Financial Integration and Funding Risks : Bank-Level Evidence from Latin America /

Using a sample of over 700 banks in Latin America, we show that international financial liberalization lowers bank capital ratios and increases the shares of short-term funding. Following liberalization, large banks substitute interbank borrowing for equity and long-term funding, whereas small banks...

全面介绍

书目详细资料
主要作者: Catao, Luis
其他作者: Dinger, Valeriya, Marcel te Kaat, Daniel
格式: 杂志
语言:English
出版: Washington, D.C. : International Monetary Fund, 2017.
丛编:IMF Working Papers; Working Paper ; No. 2017/224
在线阅读:Full text available on IMF