Search Results - subject:"Contingent capital"

Funding advantage and market discipline in the Canadian banking sector

Beyhaghi, Mehdi; D'Souza, Chris; Roberts, Gordon S. - In: Journal of banking & finance 48 (2014), pp. 396-410

Persistent link: https://www.econbiz.de/10010508108

Arjani, Neville; Engert, Walter; Haddad, Anthony; Orsi, … - In: Journal of banking regulation 15 (2014) 3/4, pp. 205-217

Persistent link: https://www.econbiz.de/10010491930

Equity recourse notes : creating counter-cyclical bank capital

Bulow, Jeremy; Klemperer, Paul - 2014

Persistent link: https://www.econbiz.de/10010440196

Funding advantage and market discipline in the Canadian banking sector

Beyhaghi, Mehdi; D’Souza, Chris; Roberts, Gordon S. - In: Journal of Banking & Finance 48 (2014) C, pp. 396-410

We employ a comprehensive data set and a variety of methods to provide evidence on the magnitude of large banks’ funding advantage in Canada in addition to the extent to which market discipline exists across different securities issued by the Canadian banks. The banking sector in Canada...

Persistent link: https://www.econbiz.de/10011077972

Bank stability and market discipline: The effect of contingent capital on risk taking and default probability

Hilscher, Jens; Raviv, Alon - In: Journal of Corporate Finance 29 (2014) C, pp. 542-560

This paper investigates the effects of financial institutions issuing contingent capital, a debt security that … associated with issuing contingent capital instead of subordinated debt. We then show that appropriate choice of contingent …-taking incentives continue to be weak during times of financial distress. Our findings imply that contingent capital may be an effective …

Persistent link: https://www.econbiz.de/10011117535

Equity Recourse Notes: Creating Counter-cyclical Bank Capital

Bulow, Jeremy I.; Klemperer, Paul - C.E.P.R. Discussion Papers - 2014

We propose a new form of hybrid capital for banks, Equity Recourse Notes (ERNs), which ameliorate booms and busts by creating counter-cyclical incentives for banks to raise capital, and so encourage bank lending in bad times. They avoid the flaws of existing contingent convertible bonds...

Persistent link: https://www.econbiz.de/10011083972

Contingent capital with a dual price trigger

McDonald, Robert L. - In: Journal of financial stability 9 (2013) 2, pp. 230-241

Persistent link: https://www.econbiz.de/10009762422

Valuation of insurers' contingent capital with counterparty risk and price endogeneity

Lo, Chien-ling; Lee, Jin-ping; Yu, Min-Teh - In: Journal of banking & finance 37 (2013) 12, pp. 5025-5035

Persistent link: https://www.econbiz.de/10010342133

Recent developments in financial economics and econometrics : an overview

Chang, Chia-Lin; Allen, David E.; McAleer, Michael - In: The North American journal of economics and finance : a … 26 (2013), pp. 217-226

Persistent link: https://www.econbiz.de/10010365773

Quantitative evaluation of contingent capital and its applications

Gupta, Anshul; Akuzawa, Toshinao; Nishiyama, Yoshihiko - In: The North American journal of economics and finance : a … 26 (2013), pp. 457-486

Persistent link: https://www.econbiz.de/10010367569