EconPapers    
Economics at your fingertips  
 

Capital flows and the international credit channel

Yusuf Baskaya, Julian di Giovanni, Şebnem Kalemli-Özcan, Jose-Luis Peydro () and Mehmet Ulu

Journal of International Economics, 2017, vol. 108, issue S1, S15-S22

Abstract: We examine the role of the international credit channel in Turkey over 2005–2013. We show that larger, more capitalized banks with higher non-core liabilities increase credit supply when capital inflows are higher. This result is stronger for domestic banks relative to foreign banks and survives during the crisis period of post-2008, when foreign banks in general stop lending in emerging markets and retreat to their home countries. By decomposing capital inflows into bank and non-bank flows, we show the importance of domestic banks' external borrowing for domestic credit growth.

Keywords: Capital flows; Bank-lending channel; Bank heterogeneity (search for similar items in EconPapers)
JEL-codes: E0 F0 F1 (search for similar items in EconPapers)
Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations View citations in EconPapers (10) Track citations by RSS feed

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0022199616301519
Full text for ScienceDirect subscribers only

Related works:
Working Paper: Capital Flows and the International Credit Channel (2017) Downloads
Working Paper: Capital Flows and the International Credit Channel (2017) Downloads
Working Paper: Capital flows and the international credit channel (2017) Downloads
Chapter: Capital Flows and the International Credit Channel (2016)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:inecon:v:108:y:2017:i:s1:p:s15-s22

Access Statistics for this article

Journal of International Economics is currently edited by Gourinchas, Pierre-Olivier and Rodríguez-Clare, Andrés

More articles in Journal of International Economics from Elsevier
Bibliographic data for series maintained by Dana Niculescu ().

 
Page updated 2018-08-08
Handle: RePEc:eee:inecon:v:108:y:2017:i:s1:p:s15-s22