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In 2007 the new framework for capital adequacy of banks (Basel 2), defined in 2004 by the Basel Committee for Banking Supervision, will replace the 1988 Accord (Basel 1) in all major countries. In the last years the Committee has carried out several impact studies in order to simulate the...
Persistent link: https://www.econbiz.de/10005113685
This paper tests the role of different banks� liquidity funding structures in explaining the bank failures that …
Persistent link: https://www.econbiz.de/10009350682
According to some, the commercial bank is anachronistic and in a state of terminal decline. The evidence, however is …
Persistent link: https://www.econbiz.de/10005640900
By identifying the possibility of imposing a credible threat of liquidation as the key role of informed (bank) finance … circumstances under which a mixture of informed and uninformed finance is optimal and explains why bank debt is typically secured …
Persistent link: https://www.econbiz.de/10005640914
Extreme value theory is concerned with the study of the asymptotical distribution of extreme events, that is to say events which are rare in frequency and huge with respect to the majority of observations. Statistical methods derived from this theory have been increasingly employed in finance,...
Persistent link: https://www.econbiz.de/10009193022
This paper develops a methodology for identifying systemically important financial institutions based on that developed by the Basel Committee on Banking Supervision (2011) and used by the Financial Stability Board in its yearly G-SIBs identification. The methodology uses publicly available data...
Persistent link: https://www.econbiz.de/10011099597
This paper studies what impact liquidity shocks have on liquid assets and domestic and cross-border lending. In particular, we look for differences across banks depending on their international exposure and we account for the effects of the sovereign debt crisis and the ECB's non-conventional...
Persistent link: https://www.econbiz.de/10011105124
This paper investigates how bank profitability is affected by corporate income tax (CIT) using aggregate data on the … bank is able to shift its tax-burden onto its borrowers, depositors, and purchasers of fee-generating services. It turns …
Persistent link: https://www.econbiz.de/10005467296
The paper presents a simple theory of intraday behavior in the interbank market.
Persistent link: https://www.econbiz.de/10005780675
Italy ranks among EU countries with the fewest women on bank boards. Using a rich dataset on Italian banks that … combines individual data on bank governance with different measures of performance and risk, this paper analyses the …), other individual characteristics and bank features being equal. Moreover, results show that the number of women at the top …
Persistent link: https://www.econbiz.de/10011100416