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DESCRIPTION;ENCODING=QUOTED-PRINTABLE:Zuzana Fungáčová (BOFIT), Eeva Kerola (BOFIT) and Laurent Weill (University of Strasbourg) will present their research entitled =0D=0A Does Bank Efficiency Affect the Bank Lending Channel in China? Abstract This work examines the impact of bank efficiency on the bank lending channel in China. We use a sample of almost 200 Chinese banks over the period 2006-2017 to investigate the reaction of loan supply to monetary policy actions depending on the level of bank efficiency. Overall we find that the effect of monetary policy on bank lending is not dependent on bank efficiency. Further investigation however shows that bank efficiency favors the transmission of monetary policy for banks with lower loans to deposits ratio. In addition, the expansion of shadow banking activities over time has been associated with a positive impact of bank efficiency on monetary policy transmission. These results suggest that bank efficiency can have a significant impact on the effectiveness of monetary policy. =0D=0A Online BOFIT seminars are open to all researchers interested in the subjects covered. Those wishing to attend a seminar are kindly asked to register in advance, by filling in the Online Registration Form =0D=0A The registration for each seminar is open until 9:00 am the day of the seminar. You will receive a link to join the seminar by email at the latest one hour before the seminar is scheduled to begin. =0D=0A
DTEND:20210119T100000Z
DTSTAMP:20201221T105708Z
DTSTART:20210119T090000Z
LOCATION:Teams Meeting
SUMMARY:BOFIT Seminar - Zuzana Fungáčová (BOFIT), Eeva Kerola (BOFIT) and Laurent Weill (University of Strasbourg)
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