Showing 1 - 10 of 155
propagation from 2008 to 2012. We study the distribution of contagion outcomes after a common shock and an exogenous bank default … propagation of losses. An econometric analysis of the determinants of contagion shows that the position of a bank in the network …
Persistent link: https://www.econbiz.de/10011212945
We measure the impact of bank capital requirements on corporate borrowing and business activity. We use loan-level data … firms, under Basel 2, it depends in a predictable way on both the bank's model and the firm's risk. We exploit this two …-way variation to empirically estimate the semi-elasticity of bank lending to capital requirement. This rich identification allows us …
Persistent link: https://www.econbiz.de/10010929767
capital requirements. We use a unique database for the French banking sector between 2003 and 2011 combining confidential bank …-level Bank Lending Survey answers with the discretionary capital requirements set by the supervisory authority. We find that on …
Persistent link: https://www.econbiz.de/10010815964
Recent empirical work has shown that current account deficits have been associated with lower growth in developing countries while they have been associated with higher growth in developed countries. This paper shows that this can be rationalized in an environment where firms face (i)...
Persistent link: https://www.econbiz.de/10008528503
This paper addresses the macroeconomic impact of international financial integration. I first provide empirical evidence that foreign banking penetration can be associated with a contraction of banking credit, especially in countries with poor credit markets. Second I present a model in which...
Persistent link: https://www.econbiz.de/10004998820
As part of the International Banking Research Network, the Banque de France contribution to the research project on … baseline results are sensitive to the inclusion of central bank liquidity assistance. …
Persistent link: https://www.econbiz.de/10010781569
The SRISK measure is advertised as measuring the recapitalization needed by a financial institution in the event of a financial crisis. It is computed from the estimated reaction of the institution’s share price in the event of a sharp drop in market prices. This indicator relies both on an...
Persistent link: https://www.econbiz.de/10010929760
We investigate the impact of changes in capital of European banks on their risk-taking behavior from 1992 to 2006, a time period covering the Basel I capital requirements. We specifically focus on the initial level and type of regulatory capital banks hold. First, we assume that risk changes...
Persistent link: https://www.econbiz.de/10010929762
of deposit insurance adoption on individual bank leverage. Using a panel of banks across 117 countries during the period … capital buffer. This increase in bank leverage then translates into higher probability of insolvency. Most importantly, I …
Persistent link: https://www.econbiz.de/10010929763
listed banks in France. We find that an increase in capital ratios reduces banks’ systematic risk. This leads to a decrease …
Persistent link: https://www.econbiz.de/10010929764