Bank Size, Bank Capital, and the Bank Lending Channel

By Ruby P. Kishan, Timothy P. Opiela. 2000

1,174 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/b96936d3746969bfa4d572060c156a51375f6a17

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Citations in the corpus

The Bank Lending Channel: Lessons from the Crisis (2011, positive): “9 ECB Working Paper Series No 1335 May 2011 constraints (Kashyap and Stein, 1995) but also if they have low capital levels (Kishan and Opiela, 2000; Van den Heuvel, 2002).”
New Evidence on the Lending Channel (2006, background): “holdings of liquid assets.2 Kishan and Opiela (2000) separately develop evidence that the loan growth of highly leveraged banks is more responsive to monetary policy than the loan growth of well-capitalized banks.”
Balance Sheet Strength and Bank Lending During the Global Financial Crisis (2013, positive): “Capital plays a role here because during tight market conditions, well-capitalized banks may be able to raise debt under more favorable terms than other banks due to lower agency costs (Kishan and Opiela, 2000; Stein, 1998; Holmstrom and Tirole, 1997; Bernanke and Blinder, 1988).”
Relationship and Transaction Lending in a Crisis (2013, positive): “This result on the e¤ects of bank capital is in line with the bank lending channel literature which indicates that well-capitalized banks are better able to protect their clients in the case of monetary policy shocks (Kishan and Opiela, 2000; Gambacorta and Mistrulli, 2004).”
Banks’ exposure to interest rate risk and the transmission of monetary policy (2020, positive): “This identi cation strategy is analogous in spirit to that used in the seminal contribution of Lamont (1997), who uses shocks to oil-divisions in conglomerates as an exogenous source of variation in internal nancing available to non-oil divisions, and in the context of bank conglomerates by…”
Why bank capital matters for monetary policy (2016, positive): “The effects of bank capital on lending and monetary policy took on greater prominence with the literature on the “bank lending channel” (Kashyap and Stein, 1995; Jayaratne and Morgan, 2000; Kishan and Opiela, 2000), which found that bank capital can mitigate the effects of any fall in deposits on le”
Monetary policy and financial (in)stability: An integrated micro-macro approach (2008, neutral): “For example, Kishan and Opiela (2000) demonstrate that loan supply of poorly capitalized banks reacts more sensitively compared to well-capitalized peers.”