Similar Search Results

Empirical analysis of corporate credit lines

Jiménez, Gabriel; López, José A.; Saurina, Jesús - Banco de España - 2008

Since bank credit lines are a major source of corporate funding, we examine the determinants of credit line usage with …

Persistent link: https://www.econbiz.de/10005022273

The Importance of Measuring the Delivery of Services via Commercial Presence of Offshore Foreign Affiliates : Some Case Studies from Australian Business Experience

Drake-Brockman, Jane - East Asian Bureau of Economic Research (EABER) - 2011

ï»¿ï»¿ï»¿6TThere are major difficulties associated with measurement of each of the four modes of services trade delivery as defined in the General Agreement on Trade in Services (GATS) : cross-border supply, consumption abroad, commercial presence, and movement of natural persons. The...

Persistent link: https://www.econbiz.de/10009653170

The Importance of Measuring the Delivery of Services via Commercial Presence of Offshore Foreign Affiliates : Some Case Studies from Australian Business Experience

Drake-Brockman, Jane - East Asian Bureau of Economic Research (EABER) - 2011

Persistent link: https://www.econbiz.de/10009653186

Collateral, type of lender and relationship banking as determinants of credit risk

Jiménez, Gabriel; Saurina, Jesús - Banco de España - 2004

This paper analyses the determinants of the probability of default (PD) of bank loans. We focus the discussion on the … role of a limited set of variables (collateral, type of lender and bank borrower relationship) while controlling for the … institutions over a complete business cycle (1988 to 2000) collected by the Bank of Spain's Credit Register (Central de Información …

Persistent link: https://www.econbiz.de/10005022225

Credit market competition, collateral and firms' finance

Jiménez, Gabriel; Salas-Fumás, Vicente; Saurina, Jesús - Banco de España - 2006

This paper investigates the relationship between credit market competition and the availability of bank credit for ….Therefore market power in credit markets and collateral appear as substitutes to increase the availability of bank finance under …

Persistent link: https://www.econbiz.de/10005022289

Credit cycles, credit risk, and prudential regulation

Jiménez, Gabriel; Saurina, Jesús - Banco de España - 2005

This paper finds strong empirical support of a positive, although quite lagged, relationship between rapid credit growth and loan losses. Moreover, it contains empirical evidence of more lenient credit terms during boom periods, both in terms of screening of borrowers and in collateral...

Persistent link: https://www.econbiz.de/10005155236

Modeling the distribution of credit losses with observable and latent factors

Jiménez, Gabriel; Mencía, Javier - Banco de España - 2007

This paper develops a flexible and computationally efficient model to estimate the credit loss distribution of the loans in a banking system. We consider a sectorial structure, where default frequencies and the total number of loans are allowed to depend on macroeconomic conditions as well as on...

Persistent link: https://www.econbiz.de/10005155254

Organizational distance and use of collateral for business loans

Jiménez, Gabriel; Salas-Fumás, Vicente; Saurina, Jesús - Banco de España - 2008

This paper examines the effect of organizational distance (i.e. distance between the headquarters of the bank that …

Persistent link: https://www.econbiz.de/10005155280

Local versus aggregate lending channels: the effects of securitization on corporate credit supply

Jiménez, Gabriel; Mian, Atif; Peydró, José-Luis; … - Banco de España - 2011

While banks may change their credit supply due to bank balance-sheet shocks (the local lending channel), firms can … dynamics nullify the strong local (bank-level) lending channel of securitization on credit quantity for firms with multiple … expansion on the extensive margin towards first-time bank clients, which are more likely to default. Finally, the 2008 …

Persistent link: https://www.econbiz.de/10009319591

How Does Competition Impact Bank Risk-Taking?

Jiménez, Gabriel; Lopez, Jose A.; Saurina, Jesús - Banco de España - 2010

A common assumption in the academic literature is that franchise value plays a key role in limiting bank risk … of market concentration do not affect bank risk-taking. However, we find a negative relationship between market power … measured using Lerner indexes based on bank-specific interest rates and bank risk. Our results support the franchise value …

Persistent link: https://www.econbiz.de/10008478833