The Impact of Bank Liquidity on the Post-crisis Lending:Evidence from the 2007/2008 Global Credit Crisis
碩士 === 元智大學 === 商學碩士班(財務金融學程) === 101 === This study takes the financial crisis of 2007/2008 as an experiment to analyze the impact of bank liquidity constraint on post-crisis lending activities. The results show that high liquidity constraint banks cut their lending amounts more in the post-crisis....
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| Format: | Others |
| Language: | en_US |
| Online Access: | http://ndltd.ncl.edu.tw/handle/44285736722938998837 |
| Summary: | 碩士 === 元智大學 === 商學碩士班(財務金融學程) === 101 === This study takes the financial crisis of 2007/2008 as an experiment to analyze the impact of bank liquidity constraint on post-crisis lending activities. The results show that high
liquidity constraint banks cut their lending amounts more in the post-crisis. Taking short-term funding and write-down loss information as the proxies for the bank’s liquidity constraint indicator, I find that short-term funding is more powerful to explain banks’ post-crisis lending
pattern. Furthermore, I find that governments play a key role as liquidity providers to the market regardless of which types of liquidity constraint lenders. This study highlights the
positive effects on post-crisis lending resulted from government support.
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