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dc.contributor.authorBoddin, Dominid
dc.contributor.authorte Kaat, Daniel
dc.contributor.authorRoszbach, Kasper
dc.date.accessioned2025-01-15T12:10:51Z
dc.date.available2025-01-15T12:10:51Z
dc.date.issued2024
dc.identifier.isbn978-82-8379-319-2
dc.identifier.issn1502-8143
dc.identifier.urihttps://hdl.handle.net/11250/3172793
dc.description.abstractThis paper provides novel micro-level evidence that cross-border bank flows are important for households’ access to credit not only in emerging markets but also in advanced economies. These foreign bank flows can drive local credit credit booms that increase bank risk. We study how the influx of cross-border bank funding that followed the ECB’s implementation of non-conventional monetary policy in 2014/15 impacted lending to households, using supervisory bank-level data alongside householdlevel credit and consumption data from Germany. Regional banks that are highly exposed to fluctuations in foreign capital inflows increase consumer lending to riskier, lower-income households by 50% more than other banks. When deposit inflows from non-euro area banks rise, this induces less capitalized banks to expand their lending on the extensive margin. Improved access to credit enables lower-income customers of exposed banks to increase non-durable consumer spending. Data from a larger group of euro area countries confirm our conclusions.en_US
dc.language.isoengen_US
dc.publisherNorges Banken_US
dc.relation.ispartofseriesWorking paper;10/2024
dc.rightsAttribution-NonCommercial-NoDerivatives 4.0 Internasjonal*
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/4.0/deed.no*
dc.subjectcross-border bank flowsen_US
dc.subjecthouseholdsen_US
dc.subjectbank lendingen_US
dc.subjectrisk-takingen_US
dc.subjectcredit boomsen_US
dc.titleCross-border bank flows, regional household credit booms and bank risk-takingen_US
dc.typeWorking paperen_US
dc.description.versionpublishedVersionen_US
dc.subject.nsiVDP::Samfunnsvitenskap: 200::Økonomi: 210::Samfunnsøkonomi: 212en_US
dc.source.pagenumber59en_US


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Attribution-NonCommercial-NoDerivatives 4.0 Internasjonal
Except where otherwise noted, this item's license is described as Attribution-NonCommercial-NoDerivatives 4.0 Internasjonal