Showing 1 - 10 of 11
Persistent link: https://www.econbiz.de/10001421533
This paper tests the role of different banks' liquidity funding structures in explaining the banks' failures, which … explaining banks' probability of default. By confirming the role of funding as the driver of banking crisis, the paper also … to strenghten banks' liquidity conditions and improve financial stability. Its correct implementation together with …
Persistent link: https://www.econbiz.de/10009203531
view that monetary policy easing induces greater risk-taking by banks but also shows that the relationship between real … interest rates and banking risk is more complex. Ultimately, it depends on how much skin in the game banks have. The central …
Persistent link: https://www.econbiz.de/10011123889
on the internal ratings of U.S. banks on loans to businesses over the period 1997 to 2011 from the Federal Reserve …’s survey of terms of business lending. We find that ex-ante risk taking by banks (as measured by the risk rating of the bank’s … pronounced for banks with relatively low capital or during periods when banks’ capital erodes, such as episodes of financial and …
Persistent link: https://www.econbiz.de/10011242177
is the evolution of banks’ stock price exposure to country-level and global risk factors as approximated by equity … indices; second, which bank-specific characteristics explain these risk exposures; third, are there clusters of banks with … risk, specifically, has been steadily rising since 2008. Banks that are reliant on wholesale funding, have weaker capital …
Persistent link: https://www.econbiz.de/10011242342
This paper examines the role of bank capital in decision-making by bank holding companies (BHCs) in the United States. Following Chami and Cosimano’s (2001) call option approach to bank capital, BHCs optimally choose the amount of capital to insure the bank against becoming capital...
Persistent link: https://www.econbiz.de/10011242399
Laws governing the foreclosure process can have direct consequences on the costs of foreclosure and could therefore affect lending decisions. We exploit the heterogeneity in the judicial requirements across U.S. states to examine their impact on banks’ lending decisions in a sample of...
Persistent link: https://www.econbiz.de/10011142095
Unconventional monetary policy is often assumed to benefit banks. However, we find little supporting evidence. Rather …
Persistent link: https://www.econbiz.de/10011142163
Persistent link: https://www.econbiz.de/10011450262
Persistent link: https://www.econbiz.de/10001694215