Foreign bank lending during COVID-19
研究了外国银行母国疫情严重程度如何影响其在土耳其的贷款，发现母国死亡率每千人中增加1个百分点，贷款减少约0.5%，而母国财政支持可缓解这一下降。
We study whether foreign banks’ exposure to the pandemic in their home countries affected their lending in Türkiye. Although foreign banks issued more loans than domestic banks, the ones with higher exposure to the pandemic decreased their lending significantly: 1 percentage point higher number of deaths per thousand people in their home countries led to an almost 0.5 percent reduction in lending. This reduction was alleviated by the fiscal support provided in their home countries. Our results support an international spillover of the pandemic shock and the implemented fiscal policies via banks.