Various financial regulation effects on the lending market: evidence from Korea

References

• Al-Wesabi, H. A., and N. H. Ahmad. 2013. “Credit Risk of Islamic Banks in GCC Countries.” International Journal of Banking and Finance 10: 95–112.
   Google Scholar
• Anderson, H., R. Johanson, and K. Kolvi. 2012. “Effects of Changing Banks’ Risk Weights.” Norges Bank Staff Memo 15:1–19.
   Google Scholar
• Arellano, M., and S. Bond. 1991. “Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations.” The Review of Economic Studies 58(2): 277–297.
   Web of Science ®Google Scholar
• Auer, R., and S. Ongena. 2016. “The Countercyclical Capital Buffer and the Composition of Bank Lending.” BIS Working Papers 593: 1–43.
   Google Scholar
• Baltagi, B. H. 2005. Econometric Analysis of Panel Data. 3rd ed. New York: John Wiley and Sons.
   Google Scholar
• Basten, C., and C. Koch. 2015. “Higher Bank Capital Requirements and Mortgage Pricing: Evidence from the Countercyclical Capital Buffer.” FINMA Working Papers 169: 1–59.
   Google Scholar
• Benes, J., and M. Kumhof. 2015. “Risky Bank Lending and Countercyclical Capital Buffers.” Journal of Economic Dynamics and Control 58: 58–80.
   Web of Science ®Google Scholar
• Bushman, R., and D. Williams. 2012. “Accounting Discretion, Loan Loss Provisioning, and Discipline of Banks’ Risk-Taking.” Journal of Accounting and Economics 54(1): 1–18.
   Web of Science ®Google Scholar
• Calmes, C., and R. Theoret. 2015. “Product-Mix and Bank Performance: New U.S. and Canadian Evidence.” Managerial Finance 41: 773–805.
   Web of Science ®Google Scholar
• Camors, C. D., J.-L. Peydro, and F. R. Tous. 2019. “Macroprudential and Monetary Policy: Loan-Level Evidence from Reserve Requirements.” Economic Working Papers of Pompeu Fabra University 1650: 1–23.
   Google Scholar
• Clancy, D., and R. Merola. 2017. “Countercyclical Capital Rules for Small Open Economies.” Journal of Macroeconomics 54: 332–351.
   Web of Science ®Google Scholar
• Crowe, C., G. Dell’Ariccia, D. Igan, and P. Rabanal. 2013. “How to Deal with Real Estate Booms: Lessons from Country Experiences.” Journal of Financial Stability 9(3): 300–319.
   Web of Science ®Google Scholar
• Dome, S., S. Kerbl, and M. Behn. 2017. “Comparability of Basel Risk Weights in the EU Banking Sector.” Financial Stability Report 34: 68–89.
   Google Scholar
• Fernandez, S., and A. Garcia. 2013. “Dynamic Provisioning: A Buffer Rather than a Countercyclical Tool?” Economia 13: 35–60.
   Google Scholar
• Ferrari, S., M. Pirovano, and R. P. Kaltwasser. 2017. “The Impact of Sectoral Macroprudential Capital Requirements on Mortgage Lending: Evidence from the Belgian Risk Weight Add-On.” Munich Personal RePEc Archive 80821 :1–22.
   Google Scholar
• Frache, S., J. Garcia-Gicco, and J. Ponce. 2017. “Countercyclical Prudential Tools in an Estimated DSGE Model.” Ciencias Sociales 2017001 :1–35.
   Google Scholar
• Gersbach, H., and J. C. Rochet. 2017. “Capital Regulation and Credit Fluctuations.” Journal of Monetary Economics 90: 113–124.
   Web of Science ®Google Scholar
• Giulioni, G. 2015. “Policy Interest Rate, Loan Portfolio Management and Bank Liquidity.” Northern American Journal of Economics and Finance 31: 52–74.
   Web of Science ®Google Scholar
• Hartmann, P. 2015. “Real Estate Markets and Macroprudential Policy in Europe.” ECB Working Paper Series 1796: 1–13.
   Google Scholar
• Horvath, B. L., and W. Wagner. 2017. “The Disturbing Interaction between Countercyclical Capital Requirements and Systemic Risk.” Review of Finance 21: 1485–1511.
   Web of Science ®Google Scholar
• Igan, D., and H. Kang. 2011. “Do Loan-to-Value and Debt-to-Income Limits Work? Evidence from Korea.” IMF Working Papers 2011 (297): 1–34.
   Google Scholar
• Jenkins, H., and M. Hossain. 2017. “An Analysis of the Macroeconomic Conditions Required for SME Lending: Evidence from Turkey and Other Emerging Market Countries.” Panoeconomicus 64(1): 77–92.
   Web of Science ®Google Scholar
• Jimenez, G., S. Ongena, J. L. Peydro, and J. Saurina. 2017. “Macroprudential Policy, Countercyclical Bank Capital Buffers, and Credit Supply: Evidence from the Spain Dynamic Provisioning Experiments.” Journal of Political Economy 125: 2126–2177.
   Web of Science ®Google Scholar
• Jokipii, T., and A. Milne. 2008. “The Cyclical Behavior of European Bank Capital Buffers.” Journal of Banking & Finance 32(8): 1440–1451.
   Web of Science ®Google Scholar
• Love, I., and R. Turk. 2014. “Macro-Financial Linkages in Egypt: A Panel Analysis of Economic Shocks and Loan Portfolio Quality.” Journal of International Financial Markets, Institutions and Money 28: 158–181.
   Web of Science ®Google Scholar
• Martins, B., and R. Schechtman. 2013. “Loan Pricing following a Macro Prudential within Sector Capital Measure.” Banco Central Do Brasil 323: 1–36.
   Google Scholar
• Messai, A. S., and F. Jouini. 2013. “Micro and Macro Determinants of Non-Performing Loans.” International Journal of Economics and Financial Issues 3: 852–860.
   Google Scholar
• Micco, A., and U. Panizza. 2006. “Bank Ownership and Lending Behavior.” Economics Letters 93 (2): 248–254.
   Google Scholar
• Moon, G.-H., and J.-Y. Seo. 2018. “Dynamic Mechanism between Economic Shocks and Adjustments to Loan Portfolio Weight: Evidence from South Korean Banks.” Journal of the Asia Pacific Economy 23(1): 119–137.
   Web of Science ®Google Scholar
• Norden, L., and A. Stoian. 2013. “Bank Earnings Management through Loan Loss Provisions: A Double-Edged Sword?” DNB Working Papers 404: 1–45.
   Google Scholar
• Ouhibi, S., M. Ghabri, and S. Hammami. 2017. “The Impact of Macroprudential Supervision Tools on Financial Soundness in the Southern Mediterranean Countries.” Asian Journal of Empirical Research 7(4): 84–95.
   Google Scholar
• Sargan, J. D. 1958. “The Estimation of Economic Relationship Using Instrumental Variables.” Econometrica 26(3): 393–415.
   Web of Science ®Google Scholar
• Shin, D. J., and B. H. Kim. 2017. “Impacts of Household Loan Regulation on Financial Stability: Evidence from Korea.” Asian-Pacific Economic Literature 31(1): 53–65.
   Web of Science ®Google Scholar
• Zulverdi, D., I. Gunadi, and B. Pramono. 2007. “Bank Portfolio Model and Monetary Policy in Indonesia.” Journal of Asian Economics 18(1): 158–174.
   Google Scholar