Showing 1 - 10 of 63
, to guarantee macro and financial stability, it is important to understand whether, and to what extent, banks are affected …
Persistent link: https://www.econbiz.de/10005609327
Brothers demise to help banks retain access to wholesale funding. We describe the evolution and the pattern of bond issuance … new market, namely the significant �tiering� of the spreads paid by banks at issuance, finding that they mainly …
Persistent link: https://www.econbiz.de/10008626021
This paper tests the role of different banks� liquidity funding structures in explaining the bank failures that occurred in the United States between 2007 and 2009. The results highlight that funding is indeed a significant factor in explaining banks� probability of default. By...
Persistent link: https://www.econbiz.de/10009350682
commercial banks, shows that over the period 1998-2008 all jurisdictions experienced a reduction in both effective and statutory … tax rates. Even if the tax burden on Italian banks has seen one of the largest reductions, this tax indicator is still the …
Persistent link: https://www.econbiz.de/10008764795
banks in the sample, according to their systemic importance scores. The methodology is then applied to EU and Eurozone … samples of banks to obtain their systemic importance ranking and SIFI lists. This is one of the first methodologies capable of … identifying systemically relevant banks at the European level. A statistical analysis and some geographical and historical …
Persistent link: https://www.econbiz.de/10011099597
strategy banks adopt in response to the reform, and that banks tend to prefer some strategies over others. Specifically, an … less likely to be preferred by banks. We also find that the undesired macroeconomic effects of the reform during the …
Persistent link: https://www.econbiz.de/10011099693
This paper studies the characteristics of the Italian nonfinancial firms using derivatives and the purpose of the derivatives use according to the most important literature in financial risk management. By using the Italian credit register and balance sheet data this study extends for the first...
Persistent link: https://www.econbiz.de/10011100366
During the financial crisis banks faced liquidity shocks, and lending slowed down. The reduction in credit availability … raising funds, and a worsening in the creditworthiness of borrowers. However, banks do not pass on liquidity shocks to … borrowers to protect their core customers. Previous studies have shown that banks are less prone to lend to female firms than to …
Persistent link: https://www.econbiz.de/10011100374
We document the development of the major international banks since the late 1990s, analysing balance-sheet data for 27 …, revealed all its shortcomings when the crisis erupted. European banks displayed greater fragilities in their business models …
Persistent link: https://www.econbiz.de/10011100388
Building on a new dataset on Italian banks and other financial institutions from 1861 to 2011, the novelty of this … savings, State ownership of banks, and bank interest rates is also studied. …
Persistent link: https://www.econbiz.de/10011105100