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How Resilient is the German Banking System to Macroeconomic Shocks?

Dovern, Jonas; Meier, Carsten-Patrick; Vilsmeier, Johannes - Institut für Weltwirtschaft (IfW) - 2008

Macro-stress testing studies often rely on rather short sample periods due to the limited availability of banking data …. They may fail to appropriately account for the cyclicality in the interaction between the banking system and macroeconomic … to model the interaction between the banking sector and the macroeconomy. Our identified-VAR analysis indicates that the …

Persistent link: https://www.econbiz.de/10005818895

Do mergers improve information? Evidence from the loan market

Panetta, Fabio; Schivardi, Fabiano; Shum, Matthew - Banca d'Italia - 2004

We examine the informational effects of M&As by investigating whether bank mergers improve banksï¿½ ability to screen borrowers. By exploiting a dataset in which we observe a measure of a borrowerï¿½s default risk that the lenders observe only imperfectly, we find evidence of these...

Persistent link: https://www.econbiz.de/10005770757

Efficiency vs. agency motivations for bank takeovers: some empirical evidence

Vincenzo, Alessio De; Doria, Claudio; Salleo, Carmelo - Banca d'Italia - 2006

Bank takeovers result on average in little improvements in performance. This may be due to conflicting driving forces behind them; however these have seldom been studied. We study directly the motivations for bank acquisitions by analyzing the prices paid for them, under the assumption that...

Persistent link: https://www.econbiz.de/10005113643

An unexpected crisis? Looking at pricing effectiveness of different banks

Vacca, Valerio - Banca d'Italia - 2011

, thus lowering pricing effectiveness. The main finding is that larger banking groups were more affected by the sudden …

Persistent link: https://www.econbiz.de/10009193014

Financial subsidies and bank lending: substitutes or complements? Micro level evidence from Italy

Carmignani, Amanda; D'Ignazio, Alessio - Banca d'Italia - 2011

public financing to firms via the banking system. The effect of public incentives depends on the availability of financial …

Persistent link: https://www.econbiz.de/10009020148

Capital Mobility in Euroland ; The Role of Banks

Buch, Claudia M. - Institut für Weltwirtschaft (IfW) - 1999

analyzes the implications of the euro for cross-border banking activities. A portfolio model is used which captures the role of …

Persistent link: https://www.econbiz.de/10005700501

Fixed-Premium Deposit Insurance and Collective Action Problems Among Banks

Spiegel, M.M. - C.V. Starr Center for Applied Economics, Department of … - 1993

Persistent link: https://www.econbiz.de/10005605607

U.S. Commercial Banking: Trends, Cycles, and Policy

Boyd, J.H.; Gertler, M. - C.V. Starr Center for Applied Economics, Department of … - 1993

Persistent link: https://www.econbiz.de/10005611765

Financial Contagion

Allen, Franklin; Gale, Douglas - C.V. Starr Center for Applied Economics, Department of … - 1998

Persistent link: https://www.econbiz.de/10005611769

Information technology and productivity changes in the Italian banking industry

Casolaro, Luca; Gobbi, Giorgio - Banca d'Italia - 2004

This paper analyzes the effect of information technologies (IT) in the financial sector using micro-data on a panel of over 600 Italian banks over the period 1989-2000. We estimate stochastic cost and profit functions allowing for individual banksï¿½ displacements from the efficient frontier...

Persistent link: https://www.econbiz.de/10005467298