Series: IMF Working Papers
Author(s): Tümer Kapan , and Camelia Minoiu
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 08 May 2013
Keywords: Capital, Financial crises, bank lending channel, wholesale funding, net stable funding ratio, Basel III, bank capital, banking, return on assets, liquid asset
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 wholesal...