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...

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Detalhes bibliográficos
Autor principal: Catao, Luis
Outros Autores: Dinger, Valeriya, Marcel te Kaat, Daniel
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2017.
coleção:IMF Working Papers; Working Paper ; No. 2017/224
Acesso em linha:Full text available on IMF