Arrêt de service programmé du vendredi 10 juin 16h jusqu’au lundi 13 juin 9h. Pour en savoir plus
Accéder directement au contenu Accéder directement à la navigation
Pré-publication, Document de travail

Liquidity Regulation and Bank Lending

Abstract : Bank liquidity shortages during the global financial crisis of 2007-2009 led to the introduction of liquidity regulations, the impact of which has attracted the attention of academics and policymakers. In this paper, we investigate the impact of liquidity regulation on bank lending. As a setting, we use the Netherlands, where a Liquidity Balance Rule (LBR) was introduced in 2003. The LBR was imposed on Dutch banks only and did not apply to other banks operating elsewhere within the Eurozone. Using this differential regulatory treatment to overcome identification concerns, we investigate whether there is a causal link from liquidity regulation to the lending activities of banks. Using a difference-indifferences approach, we find that stricter liquidity requirements following the implementation of the LBR did not reduce lending. However, the LBR did lead Dutch banks to modify the structure of loan portfolios by increasing corporate lending and reducing mortgage lending. During this period Dutch banks experienced a significant increase in deposits and issued more equity. Overall, the findings of this study have relevance for policymakers tasked with monitoring the impact of post-crisis liquidity regulations on bank behavior.
Type de document :
Pré-publication, Document de travail
Liste complète des métadonnées

Littérature citée [48 références]  Voir  Masquer  Télécharger

https://hal-unilim.archives-ouvertes.fr/hal-02516749
Contributeur : Thierno Barry Connectez-vous pour contacter le contributeur
Soumis le : mardi 24 mars 2020 - 09:20:04
Dernière modification le : mardi 22 février 2022 - 09:00:02
Archivage à long terme le : : jeudi 25 juin 2020 - 12:30:39

Fichier

LiquRegBankLending23March2020....
Fichiers produits par l'(les) auteur(s)

Identifiants

  • HAL Id : hal-02516749, version 1

Citation

Foly Ananou, Amine Tarazi, John O.S Wilson. Liquidity Regulation and Bank Lending. 2020. ⟨hal-02516749v1⟩

Partager

Métriques

Consultations de la notice

73

Téléchargements de fichiers

290