国际货币政策是否影响银行风险？来自印度的证据

Q2 Economics, Econometrics and Finance Buletin Ekonomi Moneter dan Perbankan Pub Date : 2022-08-31 DOI:10.21098/bemp.v25i2.1867

Ameen Omar Shareef, K. Prabheesh

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摘要

本研究实证检验了印度背景下国际货币政策对银行风险的影响。利用64家银行的年度数据，运用面板OLS和GMM技术，研究发现：（1）紧缩性国际货币政策增加了银行风险；（2）国内汇率升值会引发银行风险；（3）国内货币政策通过“寻找收益”渠道影响银行风险；（4）国际货币政策在解释后全球金融危机时期的银行风险方面相对重要。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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DOES INTERNATIONAL MONETARY POLICY INFLUENCE THE BANK RISK? EVIDENCE FROM INDIA

This study empirically examines the impact of international monetary policy on bank risk in the Indian context. Using annual data from 64 banks and employing panel OLS and GMM techniques, this study finds that: (1) a contractionary international monetary policy increases bank risk; (2) an appreciation of the domestic exchange rate induces bank riskiness; (3) the domestic monetary policy affects bank risk through the “search for yield” channel; and (4) the international monetary policy is relatively significant in explaining the bank riskiness in the post-global financial crisis period.

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