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Does climate change affect bank lending behavior?
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dc.contributor.author | Aslan , Caglayan | |
dc.contributor.author | Bulut, Erdem | |
dc.contributor.author | Cepni, Oguzhan | |
dc.contributor.author | Yilmaz, Muhammed Hasan | |
dc.date.accessioned | 2022-10-13T09:30:10Z | |
dc.date.available | 2022-10-13T09:30:10Z | |
dc.date.issued | 2022-11-01 | |
dc.identifier | 281337086 | |
dc.identifier | 349275b0-c39c-4e29-ac43-de14dfb295b4 | |
dc.identifier | 85139072110 | |
dc.identifier | 000869950300003 | |
dc.identifier.citation | Aslan , C , Bulut , E , Cepni , O & Yilmaz , M H 2022 , ' Does climate change affect bank lending behavior? ' , Economics Letters , vol. 220 , 110859 . https://doi.org/10.1016/j.econlet.2022.110859 | en |
dc.identifier.issn | 0165-1765 | |
dc.identifier.uri | https://hdl.handle.net/10023/26188 | |
dc.description.abstract | We examine how banks adjust credit supply in areas with higher exposure to climate risks by utilizing the province-level air pollution and loan growth data of a large emerging market, Turkey, following the Paris Agreement in 2015. Our results show that banks limit their credit extension to more polluted provinces in the post-agreement interval, implying that banks consider climate change-related risks and adjust their credit provisioning accordingly. Our baseline findings are intact against a myriad of robustness checks. We also find that the shift in the climate risk-credit provisioning nexus is asymmetric depending on the levels of air pollution. | |
dc.format.extent | 5 | |
dc.format.extent | 284019 | |
dc.language.iso | eng | |
dc.relation.ispartof | Economics Letters | en |
dc.subject | Air pollution | en |
dc.subject | Climate change | en |
dc.subject | Paris Agreement | en |
dc.subject | Bank loans | en |
dc.subject | Financial stability | en |
dc.subject | HG Finance | en |
dc.subject | E-DAS | en |
dc.subject | SDG 13 - Climate Action | en |
dc.subject | NIS | en |
dc.subject | MCC | en |
dc.subject.lcc | HG | en |
dc.title | Does climate change affect bank lending behavior? | en |
dc.type | Journal article | en |
dc.contributor.institution | University of St Andrews. School of Management | en |
dc.identifier.doi | 10.1016/j.econlet.2022.110859 | |
dc.description.status | Peer reviewed | en |
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