Tracing the Impact of Bank Liquidity Shocks: Evidence from an Emerging Market

By Asim Ijaz Khwaja, Atif R. Mian. 2008

1,683 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/8cd97b419b3cb698355a6327fcc287eca2b194ce

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Citations in the corpus

Is there a zero lower bound? The effects of negative policy rates on banks and firms (2019, neutral): “2 See also Lilley and Rogoff (2019), Agarwal and Kimball (2015) and Buiter and Panigirtzoglou (2003).”
Bank Risk Taking and Liquidity Creation Following Regulatory Interventions and Capital Support (2011, positive): “…and capital support are beneficial. and reduced liquidity creation may have negative consequences for the macroeconomy (Bernanke (1983); Gibson (1995); Ongena, Smith, and Michalsen (2003); Dell’Ariccia, Detragiache, and Rajan (2008); Khwaja and Mian (2008); Chava and Purnanandam (2011)).”
Borrowers under water! Rare disasters, regional banks, and recovery lending (2020, background): “…or liquidity shocks imply a (sudden) contraction of credit supply in domestic (Puri et al., 2011; Chodorow-Reich, 2014) and foreign (Khwaja and Mian, 2008; De Haas and Van Horen, 2012, 2013; Schnabl, 2012) credit markets, which leads to tightening credit conditions that contribute to…”
A capital structure channel of monetary policy (2018, positive): “We exploit the fact that some firms have relationships with more than one bank and use a withinfirm estimator to disentangle loan demand from loan supply (Khwaja and Mian, 2008).”
Cross-Border Prudential Policy Spillovers: How Much? How Important? Evidence from the International Banking Research Network (2016, background): “As in Khwaja and Mian (2008), demand effects in country j can be captured by introducing borrower-time fixed effects to account for changes in credit demand.”
Breaking the Shackles: Zombie Firms, Weak Banks and Depressed Restructuring in Europe (2017, positive): “Doing so is similar in spirit to the Khwaja & Mian (2008) approach of using firm fixed-effects in lending regressions.”
The Effects of Quantitative Easing on Bank Lending Behavior (2017, positive): “Except for the columns using treatment allocations defined by deciles, when the number of observations becomes very small, the Khwaja and Mian (2008) within-firm estimator produces significant and positive results for the parameters of interest, ρ.”
The Real Effects of Liquidity During the Financial Crisis: Evidence from Automobiles (2017, positive): “ 6 See Acharya, Schnabl, and Suarez (2011); Ivanshina and Scharfstein (2010); Brunnermeier (2009); Gorton (2010); Gorton and Metrick (2012); Khwaja and Mian (2008); Cornett et…”
Financial Intermediaries and Monetary Economics (2010, positive): “Paravisini (2008) provides estimates of the impact of bank funding constraints on the supply of bank credit using an instrumental variable approach, and Khwaja and Mian (2008) provide estimates of a bank funding shocks for an emerging market.”
The Misallocation of Pay and Productivity in the Public Sector: Evidence from the Labor Market for Teachers (2017, neutral): “(6)This figure is taken with permission from Khwaja and Mian (2008).”