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Applied Economics Letters Volume 30, 2023 - Issue 2
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Research Article

The effects of government debt on banks’ risk-taking: international evidence

Xiaowei HuangSchool of Banking and Finance, University of International Business and Economics, Beijing, ChinaView further author information
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Li YuSchool of Banking and Finance, University of International Business and Economics, Beijing, ChinaCorrespondence[email protected]
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Pages 108-113 | Published online: 09 Sep 2021

References

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  • Demirci, I., J. Huang, and C. Sialm. 2019. “Government Debt and Corporate Leverage: International Evidence.” Journal of Financial Economics 133 (2): 337–356. doi:10.1016/j.jfineco.2019.03.009.
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  • Gennaioli, N., A. Martin, and S. Rossi. 2018. “Banks, Government Bonds, and Default: What Do the Data Say?” Journal of Monetary Economics 98: 98–113. doi:10.1016/j.jmoneco.2018.04.011.
  • Giovannini, A. 2021. “Risk-free Assets in Financial Markets.” BIS working Paper.
  • Gorton, G., and G. Ordoñez. 2014. “Collateral Crises.” American Economic Review 104 (2): 343–378. doi:10.1257/aer.104.2.343.
  • Gorton, G., and O. Guillermo 2013. “The Supply and Demand for Safe Assets.” Working Paper.
  • Krishnamurthy, A., and A. Vissing-Jorgensen. 2015. “The Impact of Treasury Supply on Financial Sector Lending and Stability.” Journal of Financial Economics 118 (3): 571–600. doi:10.1016/j.jfineco.2015.08.012.

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