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...
Glavni avtor: | |
---|---|
Drugi avtorji: | , |
Format: | Revija |
Jezik: | English |
Izdano: |
Washington, D.C. :
International Monetary Fund,
2017.
|
Serija: | IMF Working Papers; Working Paper ;
No. 2017/224 |
Online dostop: | Full text available on IMF |