Local government debt and commercial bank liquidity creation

被引：0
|
作者：
He, Zhimin [1 ]
Chen, Weiye [1 ]
Chen, Minghui [2 ]
He, Shuping [3 ]
机构：
[1] Jiangxi Univ Finance & Econ, Sch Publ Finance & Publ Adm, Nanchang, Jiangxi, Peoples R China
[2] Nanchang Inst Sci &Technol, Sch Econ & Management, Nanchang, Jiangxi, Peoples R China
[3] Nankai Univ, Sch Econ, Tianjin, Peoples R China
来源：
FINANCE RESEARCH LETTERS | 2025年 / 80卷
关键词：
Local government debt; Bank liquidity creation; Liquidity risk; Non-performing loans risk; BONDS;
D O I：
10.1016/j.frl.2025.107317
中图分类号：
F8 [财政、金融];
学科分类号：
0202 ;
摘要：
The concentration of local government debt in commercial banks raises the risk of broader financial issues. Analyzing data from Chinese commercial banks between 2011 and 2022, we find that local government debt reduces liquidity creation by increasing liquidity risk and nonperforming loans. This negative effect is more significant in banks with less green credit and those in smaller cities.
引用
收藏
页数：7
相关论文
共 50 条
  • [1] Bank liquidity creation and asset market liquidity
    Chatterjee, Ujjal K.
    JOURNAL OF FINANCIAL STABILITY, 2015, 18 : 139 - 153
  • [2] Bank Liquidity Creation in Russia
    Fungacova, Zuzana
    Weill, Laurent
    EURASIAN GEOGRAPHY AND ECONOMICS, 2012, 53 (02) : 285 - 299
  • [3] Bank liquidity creation and recessions
    Chatterjee, Ujjal K.
    JOURNAL OF BANKING & FINANCE, 2018, 90 : 64 - 75
  • [4] Accounting Restatements and Bank Liquidity Creation
    Wang, Wei
    ACCOUNTING REVIEW, 2022, 97 (06) : 445 - 473
  • [5] Bank liquidity creation and CEO optimism
    Huang Shu-Chun
    Chen Wei-Da
    Chen Yehning
    JOURNAL OF FINANCIAL INTERMEDIATION, 2018, 36 : 101 - 117
  • [6] Bank business models and liquidity creation
    Dung Viet Tran
    RESEARCH IN INTERNATIONAL BUSINESS AND FINANCE, 2020, 53
  • [7] Bank liquidity creation and systemic risk
    Davydov, Denis
    Vahamaa, Sami
    Yasar, Sara
    JOURNAL OF BANKING & FINANCE, 2021, 123
  • [8] Bank Liquidity Creation, Regulations, and Credit Risk
    Hsieh, Meng-Fen
    Lee, Chien-Chiang
    ASIA-PACIFIC JOURNAL OF FINANCIAL STUDIES, 2020, 49 (03) : 368 - 409
  • [9] Liquidity Creation, Bank Competition and Revenue Diversification
    Tran, Vuong Thao
    Nguyen, Hoa
    QUARTERLY JOURNAL OF FINANCE, 2023,
  • [10] Climate policy uncertainty and bank liquidity creation
    Xu, Xiaoming
    Ren, Xingzi
    He, Feng
    FINANCE RESEARCH LETTERS, 2024, 65
12345