| Summary: | 碩士 === 淡江大學 === 經濟學系碩士班 === 94 === This study investigates the relationships between bank capital and bank lending, and how these relationships vary with the degree of information asymmetry.
Applying to a panel of 3,544 banks in 49 countries of the period 1996~2003. Our results shows
that：
1. The response of bank lending tends to be stronger
for banks with less capital ratios when facing
adverse capital shocks.
2. Using the bank capital ratio as a measure of the
country’s degree of information asymmetry,
the effect of capital loss on bank lending tends to
be greater for banks with less capital ratio.
3. Similarly, when using bank assets size ratio as a
measure of the country’s degree of information
asymmetry, the effect of capital loss on bank
lending tends to be greater for small banks.
|
|---|
