Balance Sheet Strength and Bank Lending During the Global Financial Crisis

WP/13/102

Balance Sheet Strength and Bank Lending During the Global Financial Crisis
We examine the role of bank balance sheet strength in the transmission of financial sector shocks to the real economy. Using data from the syndicated loan market, we exploit variation in banks' reliance on wholesale funding and their structural liquidity positions in 2007Q2 to estimate the impact of exposure to market freezes during 2007–08 on... READ MORE...

Publication date: May 2013
ISBN 9781484315842
$18.00

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Publication date: May 2013

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Publication date: May 2013

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