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Is there a role for funding in explaining recent US bank failures?
Bologna, Pierluigi - Banca d'Italia - 2011
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
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The Net Stable Funding Ratio and banks� participation in monetary policy operations: some evidence for the euro area
Scalia, Antonio; Longoni, Sergio; Rosolin, Tiziana - Banca d'Italia - 2013
Based on a review of the analytical underpinnings of the effects of the NSFR on banks� choices, this paper attempts …-so-near implementation date, the evidence is that the NSFR already matters for banks� choices, and it might be more relevant as a decision … banks with a shortfall and that the NSFR may affect loans to the economy. In view of the phasing-in of the Basel III …
Persistent link: https://www.econbiz.de/10011100343
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Basel III: Long-term impact on economic performance and fluctuations
Angelini, Paolo; Clerc, Laurent; Vasco C�rdia; … - Banca d'Italia - 2011
We assess the long-term economic impact of the new regulatory standards (the Basel III reform), answering the following questions. (1) What is the impact of the reform on long-term economic performance? (2) What is the impact of the reform on economic fluctuations? (3) What is the impact of the...
Persistent link: https://www.econbiz.de/10008865940
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The macroeconomic impact of Basel III on the Italian economy
Locarno, Alberto - Banca d'Italia - 2011
This paper provides an assessment of the costs of complying with Basel III for the Italian economy. The main findings are the following. For each percentage point increase in the capital ratio implemented over an eight-year horizon, the level of GDP would decline by 0.00-0.33% (0.03-0.39% if...
Persistent link: https://www.econbiz.de/10008873302
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The multimarket contacts theory; an application to Italian banks
Bonis, Riccardo De; Ferrando, Annalisa - Banca d'Italia - 2000
The multimarket contact hypothesis holds that more contacts between firms competing in the same markets may induce more collusion. This paper tests the hypothesis for the Italian banking market, analysing the behaviour of the largest Italian banks from 1990 to 1996. Market rivalry is gauged by...
Persistent link: https://www.econbiz.de/10005609349
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Home bias in interbank lending and banks� resolution regimes
Manna, Michele - Banca d'Italia - 2011
In recent years, banks have become increasingly aware of the credit risk borne in lending in the interbank market and they select their counterparties accordingly. They may also fear that if they come across a bad borrower, rescue plans will be skewed towards domestic creditors; moreover,...
Persistent link: https://www.econbiz.de/10009193015
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The Multimarket Contacts Theory: An Application to Italian Banks.
De Bonis, R.; Ferrando, A. - Banca d'Italia - 2000
The multimarket contact hypothesis holds that more contacts between firms competing in the same markets may induce more collusion. This paper tests the hypothesis for the Italian banking market, analysing the behaviour of the largest Italian banks from 1990 to 1996. Market rivalry is gauged by...
Persistent link: https://www.econbiz.de/10005671382
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Is your money safe? What Italians know about deposit insurance
Bartiloro, Laura - Banca d'Italia - 2011
The recent financial crisis has revived the debate on deposit insurance. Public awareness of its existence is essential in order to prevent a bank run. Analysing the results of three questions on this topic introduced in the last Survey on Household Income and Wealth, this paper investigates...
Persistent link: https://www.econbiz.de/10009350680
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Do interbank customer relationships exist? And how did they function in the crisis? Learning from Italy
Affinito, Massimiliano - Banca d'Italia - 2011
Using 11 years of monthly Italian bank-by-bank data, this paper correlates the bilateral amounts and the identity of each interbank borrower and lender with a long list of explanatory variables. The results show that interbank customer relationships, i.e. stable and strong relationships between...
Persistent link: https://www.econbiz.de/10009364553
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The pricing of government-guaranteed bank bonds
Levy, Aviram; Zaghini, Andrea - Banca d'Italia - 2010
We examine the effects of the government guarantee schemes for bank bonds adopted in the aftermath of the Lehman Brothers demise to help banks retain access to wholesale funding. We describe the evolution and the pattern of bond issuance across countries to assess the effect of the schemes. Then...
Persistent link: https://www.econbiz.de/10008626021