Similar Search Results

Mendicino, Caterina; Nikolov, Kalin; Rubio-Ramírez, … - 2020

frictions in which bank assets are a portfolio of defaultable loans. We show that ex-ante imperfect diversification of bank … lending generates bank asset returns with limited upside but significant downside risk. The asymmetric distribution of these … returns and their implications for the evolution of bank net worth are important for capturing the frequency and severity of …

Persistent link: https://www.econbiz.de/10012224086

Twin default crisis

Mendicino, Caterina; Nikolov, Kalin; Rubio-Ramírez, … - 2020

Persistent link: https://www.econbiz.de/10012309672

"Glossy green" banks : the disconnect between environmental disclosures and lending activities

Giannetti, Mariassunta; Jasova, Martina; Loumioti, Maria; … - 2023

Using confidential information on banks' portfolios, inaccessible to market participants, we show that banks that emphasize the environment in their disclosures extend a higher volume of credit to brown borrowers, without charging higher interest rates or shortening debt maturity. These results...

Persistent link: https://www.econbiz.de/10014483681

Capital regulation in a macroeconomic model with three layers of default

Clerc, Laurent; Derviz, Alexis; Mendicino, Caterina; … - 2015

Persistent link: https://www.econbiz.de/10011349872

Capital regulation in a macroeconomic model with three layers of default

Clerc, Laurent; Derviz, Alexis; Mendicino, Caterina; … - 2014

Persistent link: https://www.econbiz.de/10010489036

Capital regulation in a macroeconomic model with three layers of default

Clerc, Laurent; Derviz, Alexis; Mendicino, Caterina; … - 2014

Persistent link: https://www.econbiz.de/10011408271

Capital Regulation in a Macroeconomic Model with Three Layers of Default

Clerc, Laurent - 2015

We develop a dynamic general equilibrium model for the positive and normative analysis of macroprudential policies. Optimizing financial intermediaries allocate their scarce net worth together with funds raised from saving households across two lending activities, mortgage and corporate lending....

Persistent link: https://www.econbiz.de/10013019587

Capital Regulation in a Macroeconomic Model with Three Layers of Default

Clerc, Laurent - 2015

Persistent link: https://www.econbiz.de/10013031142

Bank capital in the short and in the long run

Mendicino, Caterina; Nikolov, Kalin; Suárez, Javier; … - 2019

strength of monetary policy accommodation and the degree of bank riskiness are key determinants of the trade-off between the …

Persistent link: https://www.econbiz.de/10012009227