Negative Interest Rates Policy and Banks' Risk-Taking: Empirical Evidence
BOUNGOU, Whelsy
Laboratoire d'analyse et de recherche en économie et finance internationales [Larefi]
Université de Bordeaux [UB]
Laboratoire d'analyse et de recherche en économie et finance internationales [Larefi]
Université de Bordeaux [UB]
BOUNGOU, Whelsy
Laboratoire d'analyse et de recherche en économie et finance internationales [Larefi]
Université de Bordeaux [UB]
< Leer menos
Laboratoire d'analyse et de recherche en économie et finance internationales [Larefi]
Université de Bordeaux [UB]
Idioma
EN
Article de revue
Este ítem está publicado en
Economics Letters. 2020-01-01, vol. 186, p. 108760
Resumen en inglés
Using a panel dataset of 9421 banks from 59 countries over the period 2009–2018 and a Difference-
in-Differences estimator, this paper aims to assess the effects of negative interest rates on banks’
risk-taking. We find ...Leer más >
Using a panel dataset of 9421 banks from 59 countries over the period 2009–2018 and a Difference-
in-Differences estimator, this paper aims to assess the effects of negative interest rates on banks’
risk-taking. We find that banks’ risk-taking has been lower in countries where negative rates have
been implemented. This effect depends on the characteristics of a country’s banking system, namely
the level of capitalization and size.< Leer menos
Palabras clave
Bank risk-taking
Palabras clave en inglés
Negative interest rates
Difference-in-differences
Centros de investigación