Digital finance development and bank liquidity creation

被引：143
作者：
Hao, Jing [1 ]
Peng, Mengzu [2 ]
He, Wenjia [3 ,4 ]
机构：
[1] Capital Univ Econ & Business, Beijing 100070, Peoples R China
[2] Jinan Univ, Guangzhou 510632, Peoples R China
[3] Beijing Technol & Business Univ, Beijing 100048, Peoples R China
[4] Beijing Technol & Business Univ, Sch Econ, Beijing, Peoples R China
来源：
INTERNATIONAL REVIEW OF FINANCIAL ANALYSIS | 2023年 / 90卷
基金：
中国国家自然科学基金;
关键词：
Digital finance development; Bank liquidity creation; Fintech; RISK-TAKING; COMPETITION; TECHNOLOGY; INNOVATION; EFFICIENCY; BUSINESS; MARKET; CHINA; RUNS;
D O I：
10.1016/j.irfa.2023.102839
中图分类号：
F8 [财政、金融];
学科分类号：
0202 ;
摘要：
This paper explores the impact of digital finance development on bank liquidity creation. Using 118 banks in China from 2011 to 2020, we find that digital finance development has a negative impact on bank liquidity creation. The inhibitory effect mainly exists in on-balance sheet and asset-side liquidity creation and has less impact on off-balance sheet liquidity creation. This negative impact is more pronounced in large banks, national banks, and banks in the western region in China. The bank risk-taking level mediates the relationship between digital finance development and bank liquidity creation.
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页数：11
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