EconPapers    
Economics at your fingertips  
 

Capital Flows and the International Credit Channel

Yusuf Baskaya (), Julian di Giovanni, Sebnem Kalemli-Ozcan (), Peydr�, Jos� Luis and Mehmet Ulu
Authors registered in the RePEc Author Service: Jose-Luis Peydro ()

No 11827, CEPR Discussion Papers from C.E.P.R. Discussion Papers

Abstract: We examine the role of the international credit channel in Turkey over 2005-2013. We show that larger, more capitalised 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: Bank Heterogeneity; Bank-Lending Channel; Capital Flows (search for similar items in EconPapers)
JEL-codes: E0 F0 F1 (search for similar items in EconPapers)
Date: 2017-02
New Economics Papers: this item is included in nep-ban and nep-mac
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (44) Track citations by RSS feed

Downloads: (external link)
http://www.cepr.org/active/publications/discussion_papers/dp.php?dpno=11827 (application/pdf)
CEPR Discussion Papers are free to download for our researchers, subscribers and members. If you fall into one of these categories but have trouble downloading our papers, please contact us at subscribers@cepr.org

Related works:
Journal Article: Capital flows and the international credit channel (2017) Downloads
Journal Article: 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:cpr:ceprdp:11827

Ordering information: This working paper can be ordered from
http://www.cepr.org/ ... rs/dp.php?dpno=11827

Access Statistics for this paper

More papers in CEPR Discussion Papers from C.E.P.R. Discussion Papers Centre for Economic Policy Research, 33 Great Sutton Street, London EC1V 0DX.
Bibliographic data for series maintained by ().

 
Page updated 2020-11-26
Handle: RePEc:cpr:ceprdp:11827