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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其他作者: | , |
格式: | 杂志 |
语言: | English |
出版: |
Washington, D.C. :
International Monetary Fund,
2017.
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丛编: | IMF Working Papers; Working Paper ;
No. 2017/224 |
在线阅读: | Full text available on IMF |