Brunel University Research Archive(BURA) preserves and enables easy and open access to all
types of digital content. It showcases Brunel's research outputs.
Research contained within BURA is open access, although some publications may be subject
to publisher imposed embargoes. All awarded PhD theses are also archived on BURA.
Please use this identifier to cite or link to this item:
http://bura.brunel.ac.uk/handle/2438/29046Full metadata record
| DC Field | Value | Language |
|---|---|---|
| dc.contributor.author | Zhou, X | - |
| dc.contributor.author | Li, X | - |
| dc.contributor.author | Zhou, Y | - |
| dc.contributor.author | Kara, A | - |
| dc.date.accessioned | 2024-05-22T07:35:57Z | - |
| dc.date.available | 2024-05-22T07:35:57Z | - |
| dc.date.issued | 2024-07-02 | - |
| dc.identifier | ORCiD: Alper Kara https://orcid.org/0000-0002-8560-0501 | - |
| dc.identifier.citation | Zhou, X. et al. (2024) 'Deposit Insurance and Bank Liquidity Creation: Evidence from a Natural Experiment in China', Journal of Financial Services Research, 0 (ahead of print), pp. 1 - 37. doi: 10.1007/s10693-024-00431-z. | en_US |
| dc.identifier.issn | 0920-8550 | - |
| dc.identifier.uri | https://bura.brunel.ac.uk/handle/2438/29046 | - |
| dc.description | JEL codes G21 • G28 • G38. | en_US |
| dc.description.abstract | In this paper, we examine how the implementation of deposit insurance influences the impact of bank capital, excess lending, banking competition and monetary policy on liquidity creation of banks. Our examination uses China’s introduction of deposit insurance in 2015 as a natural experiment. We find that deposit insurance positively reinforces the effect of capital but weakens that of monetary policy on liquidity creation. We do not find that deposit insurance has a significant influence on the effects of excess lending and competition on the liquidity creation of banks. We also show that the implementation of deposit insurance has heterogenous effects on the liquidity creation of large and small banks. | en_US |
| dc.description.sponsorship | Xiangyi Zhou acknowledges financial support from the Chinese Fundamental Research Funds for the Central Universities (SK2020053). | - |
| dc.format.extent | 1 - 37 | - |
| dc.format.medium | Print-Electronic | - |
| dc.language.iso | en_US | en_US |
| dc.publisher | Springer Nature | en_US |
| dc.rights | Copyright © The Author(s) 2024. Rights and permissions: Open Access. This article is licensed under a Creative Commons Attribution 4.0 International License, which permits use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons licence, and indicate if changes were made. The images or other third party material in this article are included in the article’s Creative Commons licence, unless indicated otherwise in a credit line to the material. If material is not included in the article’s Creative Commons licence and your intended use is not permitted by statutory regulation or exceeds the permitted use, you will need to obtain permission directly from the copyright holder. To view a copy of this licence, visit https://creativecommons.org/licenses/by/4.0/. | - |
| dc.rights.uri | https://creativecommons.org/licenses/by/4.0/ | - |
| dc.subject | deposit insurance | en_US |
| dc.subject | liquidity creation | en_US |
| dc.subject | China | en_US |
| dc.subject | banks | en_US |
| dc.title | Deposit Insurance and Bank Liquidity Creation: Evidence from a Natural Experiment in China | en_US |
| dc.type | Article | en_US |
| dc.date.dateAccepted | 2024-05-18 | - |
| dc.identifier.doi | https://doi.org/10.1007/s10693-024-00431-z | - |
| dc.relation.isPartOf | Journal of Financial Services Research | - |
| pubs.publication-status | Published online | - |
| pubs.volume | 0 | - |
| dc.identifier.eissn | 1573-0735 | - |
| dc.rights.license | https://creativecommons.org/licenses/by/4.0/legalcode.en | - |
| dc.rights.holder | The Author(s) | - |
| Appears in Collections: | Dept of Economics and Finance Research Papers | |
Files in This Item:
| File | Description | Size | Format | |
|---|---|---|---|---|
| FullText.pdf | Copyright © The Author(s) 2024. Rights and permissions: Open Access. This article is licensed under a Creative Commons Attribution 4.0 International License, which permits use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons licence, and indicate if changes were made. The images or other third party material in this article are included in the article’s Creative Commons licence, unless indicated otherwise in a credit line to the material. If material is not included in the article’s Creative Commons licence and your intended use is not permitted by statutory regulation or exceeds the permitted use, you will need to obtain permission directly from the copyright holder. To view a copy of this licence, visit https://creativecommons.org/licenses/by/4.0/. | 2.34 MB | Adobe PDF | View/Open |
This item is licensed under a Creative Commons License
