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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Bibliografiska uppgifter
Huvudupphovsman: Catao, Luis
Övriga upphovsmän: Dinger, Valeriya, Marcel te Kaat, Daniel
Materialtyp: Tidskrift
Språk:English
Publicerad: Washington, D.C. : International Monetary Fund, 2017.
Serie:IMF Working Papers; Working Paper ; No. 2017/224
Länkar:Full text available on IMF