Economic research

Center for Pacific Basin Studies – Economic Research

Bank risk-taking and monetary policy transmission: Chinese data Working paper 2020-27 Li•Liu•Peng•Xu | August 2020 We present evidence that monetary policy easing reduces bank risk taking but exacerbates capital misallocation in China after the implementation of Basel III capital regulations in 2013. The new regulations have tightened capital requirements for banks and introduced a new […]