当前位置: 首页 - 资讯中心 - 学术预告 - 正文

一、报告题目:

Liquidity Risk and Bank Performance during Financial Crises


二、报告人:

陈业宁教授,台湾大学管理学院财务金融学系


三、报告时间:

2018年11月30日 (周五)  上午10:00-11:00


四、报告地点:

知新楼B423


五、报告人简介:

陈业宁,台湾大学管理学院财务金融学系教授,美国加州大学洛杉矶分校管理学博士。研究方向包括公司理财、金融机构、赛局理论等领域。曾在Journal of Political Economy,Journal of Financial Intermediation,Journal of Money, Credit and Banking,Journal of Financial Stability等金融领域的国内外顶尖期刊发表其研究成果。


六、 报告摘要:
Using U.S. bank data from 1996 to 2013, this paper studies how liquidity risk affects bank performance during financial crises. It finds that liquidity risk reduced bank survival probability and ROA both in the subprime crisis of 2007-09 and in the market crises between 1998 and 2002. This adverse effect was more severe for banks with lower capital ratios and higher credit risk; it was also stronger during the subprime crisis than during the market crises. In addition, liquidity risk affects a bank’s ROA in financial crises by lowering its interest spread and raising its loan-loss-provision expenses. The results of this study imply that banks with higher capital ratios or lower credit risk should be subject to less strict liquidity regulation.


 

七、主办单位:

永利集团88304官网集团

 

上一篇: 高级经济学讲座第233期

下一篇: 国际经贸论坛第51期