Securitisation and the Bank Lending Channel

By Yener Altunbaş, L. Gambacorta, David Marqués. 2007

277 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/22c856d19ab0b780f89569ef14ae2f4edf67bcdc

Citations in the corpus

• Does monetary policy affect bank risk (2014, unknown): “…the effects of monetary policy; banks that securitize their assets to a larger extent have, on average, a higher capacity to liquidate their loans and get additional funding to finance new investment projects independently of monetary policy changes (Altunbas, Gambacorta, and Marques-Ibanez 2009).”
• Bank Risk and Monetary Policy (2010, unknown): “Also in this case, the interactions between monetary policy and bank-specific characteristics 17 Following Altunbas et al. (2007), the securitisation activity indicator has been constructed as 1, , , ti ti ti TA SL SEC , where SL stands for the flow of securitised lending in year t and TAt-1 represe”
• The Impact of Supply Constraints on Bank Lending in the Euro Area - Crisis Induced Crunching? (2010, unknown): “…factors (e.g. Peek and Rosengren, 1995; Kashyap and Stein, 2000; Ashcraft, 2003; Chatelain et al., 2003; Ehrmann et al., 2003; Gambacorta and Mistrulli, 2004; Kishan and Opiela, 2000 and 2006; Ashcraft and Campello, 2007; Den Haan et al., 2009; Altunbas et al., 2009; Jiménez et al., 2010).”
• The Bank Lending Channel: Lessons from the Crisis (2011, unknown): “This result is consistent with the view of securitisation as a source of capital relief and additional funding that can be used by banks to grant additional loans (Altunbas et al., 2009a).”
• Domestic Credit Growth and International Capital Flows (2013, unknown): “Much of the increase in domestic credit has been shown to have been facilitated by a large increase in cross border interbank lending, the opening of international subsidiaries and the emergence of financial derivatives (Altunbas et al 2007, Cetorelli and Goldberg 2011, 2012).”
• The Financial Turmoil of 2007-?: A Preliminary Assessment and Some Policy Considerations (2008, unknown): “Not surprisingly, empirical evidence tends to confirm a positive correlation between the extent to which intermediaries rely on securitisation and their on-balance sheet credit growth [eg Altunbas et al. (2007)].”