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学者论坛:Bank Lending Behavior and Housing Market Booms: The Australian Evidence
文:教师发展中心 来源:经管学院 党委教师工作部、人力资源部(教师发展中心) 时间:2019-06-17 3683

  人力资源部教师发展中心“学者论坛”活动邀请卧龙岗大学Sandy Suardi教授到校交流。具体安排如下,欢迎广大师生参加:

  一、主 题:Bank Lending Behavior and Housing Market Booms: The Australian Evidence

  二、时 间:2019年6月21日(周五)14:30-16:30

  三、地 点:清水河校区经管楼报告厅

  四、主讲人:卧龙岗大学 Sandy Suardi 教授

  五、主持人经济与管理学院 吴偉劭 副教授

  六、内容简介:

  Many developed economies have experienced a housing market boom in the last decade with foreseeable implications for bank lending, especially housing and business investment. We analyze the lending portfolio of Australia’s four largest banks that make up for more than 80% of the nation’s loans for 2003‐2017 when housing prices appreciated. Results from the single equation and the panel vector autoregression (PVAR) show evidence of crowding out of business loans as banks’ supply of loans rising in response to increased opportunities in strong housing markets, which in turn curtails business investment. The profit‐seeking motives of these banks underscore our findings. In contrast to Chakraborty et al. (2018), we do not find that this lending behavior is prevalent amongst banks that are more capital constrained. Further, this lending behavior is not found in other Australian and foreign banks, and it does not crowd out consumer private credit. Our results are robust to the inclusion of business and dwelling investment and the ordering of endogenous variables in the PVAR.

  七、主讲人简介:

  Sandy Suardi教授目前任教于澳大利亚卧龙岗大学,为该校会计、经济与金融学院之经济领域学科领导人,由于兴趣广泛,研究方向触及各经济子领领,在经济、计量与金融方面有很深的造诣,在Journal of Empirical Finance等国际知名的金融与经济类期刋发表过大量文章,具有很强的科研能力,也是位多产的学者,活跃于各大型的经济与金融国际学术会议。

  八、主办单位:人力资源部教师发展中心

    承办单位:经济与管理学院

 

                    人力资源部教师发展中心

                      2019年6月17日

 

 

 

编辑:何易虹  / 审核:王晓刚  / 发布:陈伟

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