Cyclicality of SME Lending and Government Involvement in Banks

Detalhes bibliográficos
Autor(a) principal: Behr, Patrick Gottfried
Data de Publicação: 2015
Outros Autores: Foos, Daniel, Norden, Lars
Tipo de documento: Artigo de conferência
Idioma: eng
Título da fonte: Repositório Institucional do FGV (FGV Repositório Digital)
Texto Completo: http://hdl.handle.net/10438/14240
Resumo: Chilean Superintendency of Banks and Financial Institutions - El evento que organizó la SBIF en conjunto con la Universidad Diego Portales, incluyó como expositores a las más altas autoridades económicas locales, junto a los profesores extranjeros Anat Admati, David M. Kreps e Iftekhar Hasan, entre otros.
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spelling Behr, Patrick GottfriedFoos, DanielNorden, LarsDemais unidades::RPCA2015-11-16T18:34:58Z2015-11-16T18:34:58Z2015-11-06http://hdl.handle.net/10438/14240Chilean Superintendency of Banks and Financial Institutions - El evento que organizó la SBIF en conjunto con la Universidad Diego Portales, incluyó como expositores a las más altas autoridades económicas locales, junto a los profesores extranjeros Anat Admati, David M. Kreps e Iftekhar Hasan, entre otros.Recent regulatory efforts aim at lowering the cyclicality of bank lending because of its potential detrimental effects on financial stability and the real economy. We investigate the cyclicality of SME lending by local banks with vs. without a public mandate, controlling for location, size, loan maturity, funding structure, liquidity, profitability, and credit demand-side factors. The public mandate is set by local governments and stipulates a deviation from strict profit maximization and a sustainable provision of financial services to local customers. We find that banks with a public mandate are 25 percent less cyclical than other local banks. The result is credit supply-side driven and especially strong for savings banks with high liquidity and stable deposit funding. Our findings have implications for the banking structure, financial stability and the finance-growth nexus in a local context.engEBAPE - Escola Brasileira de Administração Pública e de EmpresasBanksLoan growthSME financeBusiness cyclesFinancial stabilityEconomiaFinançasCiclos econômicosEmpréstimo bancárioCyclicality of SME Lending and Government Involvement in Banksinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/conferenceObjectreponame:Repositório Institucional do FGV (FGV Repositório Digital)instname:Fundação Getulio Vargas (FGV)instacron:FGVinfo:eu-repo/semantics/openAccessRede de Pesquisa e Conhecimento AplicadoORIGINALCyclicality_of_SME_Lending_and_Government_Involvement_in_Banks.pdfCyclicality_of_SME_Lending_and_Government_Involvement_in_Banks.pdfapplication/pdf267544https://repositorio.fgv.br/bitstreams/67e22ab5-dfd4-4af1-ab1d-6d4cf79ec731/download2952a750a454171307b60aa3409992cdMD51LICENSElicense.txtlicense.txttext/plain; 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dc.title.eng.fl_str_mv Cyclicality of SME Lending and Government Involvement in Banks
title Cyclicality of SME Lending and Government Involvement in Banks
spellingShingle Cyclicality of SME Lending and Government Involvement in Banks
Behr, Patrick Gottfried
Banks
Loan growth
SME finance
Business cycles
Financial stability
Economia
Finanças
Ciclos econômicos
Empréstimo bancário
title_short Cyclicality of SME Lending and Government Involvement in Banks
title_full Cyclicality of SME Lending and Government Involvement in Banks
title_fullStr Cyclicality of SME Lending and Government Involvement in Banks
title_full_unstemmed Cyclicality of SME Lending and Government Involvement in Banks
title_sort Cyclicality of SME Lending and Government Involvement in Banks
author Behr, Patrick Gottfried
author_facet Behr, Patrick Gottfried
Foos, Daniel
Norden, Lars
author_role author
author2 Foos, Daniel
Norden, Lars
author2_role author
author
dc.contributor.unidadefgv.por.fl_str_mv Demais unidades::RPCA
dc.contributor.author.fl_str_mv Behr, Patrick Gottfried
Foos, Daniel
Norden, Lars
dc.subject.por.fl_str_mv Banks
Loan growth
SME finance
Business cycles
Financial stability
topic Banks
Loan growth
SME finance
Business cycles
Financial stability
Economia
Finanças
Ciclos econômicos
Empréstimo bancário
dc.subject.area.por.fl_str_mv Economia
Finanças
dc.subject.bibliodata.por.fl_str_mv Ciclos econômicos
Empréstimo bancário
description Chilean Superintendency of Banks and Financial Institutions - El evento que organizó la SBIF en conjunto con la Universidad Diego Portales, incluyó como expositores a las más altas autoridades económicas locales, junto a los profesores extranjeros Anat Admati, David M. Kreps e Iftekhar Hasan, entre otros.
publishDate 2015
dc.date.accessioned.fl_str_mv 2015-11-16T18:34:58Z
dc.date.available.fl_str_mv 2015-11-16T18:34:58Z
dc.date.issued.fl_str_mv 2015-11-06
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/conferenceObject
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status_str publishedVersion
dc.identifier.uri.fl_str_mv http://hdl.handle.net/10438/14240
url http://hdl.handle.net/10438/14240
dc.language.iso.fl_str_mv eng
language eng
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.publisher.none.fl_str_mv EBAPE - Escola Brasileira de Administração Pública e de Empresas
publisher.none.fl_str_mv EBAPE - Escola Brasileira de Administração Pública e de Empresas
dc.source.none.fl_str_mv reponame:Repositório Institucional do FGV (FGV Repositório Digital)
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institution FGV
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collection Repositório Institucional do FGV (FGV Repositório Digital)
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