Prudential policy spillovers: how do international bank flows react to French policies?
| dc.rights.license | open | en_US |
| hal.structure.identifier | Laboratoire d'analyse et de recherche en économie et finance internationales [Larefi] | |
| dc.contributor.author | DÉES, Stephane | |
| dc.contributor.author | RAMOS-TALLADA, Julio | |
| dc.date.accessioned | 2022-05-18T09:11:20Z | |
| dc.date.available | 2022-05-18T09:11:20Z | |
| dc.date.issued | 2021-09-01 | |
| dc.identifier.issn | 2110-7017 | en_US |
| dc.identifier.uri | oai:crossref.org:10.1016/j.inteco.2021.09.001 | |
| dc.identifier.uri | https://oskar-bordeaux.fr/handle/20.500.12278/140074 | |
| dc.description.abstractEn | Most of prudential regulations apply to national institutions while, in practice, banks operate at the global level, generating international banking flows which are not comprehensively captured by policies with a domestic remit. This may give rise to spillovers, i.e., effects not considered ex ante in the objectives and/or constraints of authorities in charge of prudential policy, the effec- tiveness of which may be harmed. Using BIS data on foreign bank lending over a large sample of countries, we investigate international spillovers from French prudential policies. Overall, we show that French prudential policies entail a reduction in foreign banks' lending to French resi- dents. Yet some measures may lead to undesired leakages that potentially undermine authorities' goals: foreign bank affiliates’ exposure to France rose by 1.1% (1.9 Bn USD) on average over 2011–17 owing to the implementation of Basel capital requirements. | |
| dc.language.iso | EN | en_US |
| dc.source | crossref | |
| dc.subject | Prudential regulation | |
| dc.subject.en | International banking | |
| dc.subject.en | International spillovers | |
| dc.title.en | Prudential policy spillovers: how do international bank flows react to French policies? | |
| dc.type | Article de revue | en_US |
| dc.identifier.doi | 10.1016/j.inteco.2021.09.001 | en_US |
| dc.subject.hal | Sciences de l'Homme et Société/Economies et finances | en_US |
| dc.subject.jel | F - International Economics::F3 - International Finance::F30 - General | en_US |
| dc.subject.jel | G - Financial Economics::G2 - Financial Institutions and Services::G21 - Banks; Depository Institutions; Micro Finance Institutions; Mortgages | en_US |
| dc.subject.jel | G - Financial Economics::G2 - Financial Institutions and Services::G28 - Government Policy and Regulation | en_US |
| bordeaux.journal | International Economics | en_US |
| bordeaux.hal.laboratories | Laboratoire d'analyse et de recherche en économie et finance internationales (LAREFI) - EA2954 | en_US |
| bordeaux.institution | Université de Bordeaux | en_US |
| bordeaux.peerReviewed | oui | en_US |
| bordeaux.inpress | non | en_US |
| bordeaux.import.source | dissemin | |
| hal.identifier | hal-03671247 | |
| hal.version | 1 | |
| hal.date.transferred | 2022-05-18T09:11:21Z | |
| hal.export | true | |
| workflow.import.source | dissemin | |
| dc.rights.cc | Pas de Licence CC | en_US |
| bordeaux.COinS | ctx_ver=Z39.88-2004&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.jtitle=International%20Economics&rft.date=2021-09-01&rft.eissn=2110-7017&rft.issn=2110-7017&rft.au=D%C3%89ES,%20Stephane&RAMOS-TALLADA,%20Julio&rft.genre=article |
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