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bank credit for SMEs, the consequences of Basel II on credit risk analysis and SMEs' possible strategic replies were …
Persistent link: https://www.econbiz.de/10011705468
The spectacular failure of the 150-year old investment bank Lehman Brothers on September 15th, 2008 was a major turning … limited to the largest financial firms; (ii) the most affected institutions were the surviving “non-bank” financial services …
Persistent link: https://www.econbiz.de/10010631356
heterogeneous patterns in the interest rates paid to borrow unsecured funds once bank size and other bank and market factors that …, but the economic size of the effect is small. Bank reputation and perceived credit riskiness are the most relevant factors … “punishment”, which possibly reflects market discipline. Bank reputation becomes even more important. (3) After Lehman …
Persistent link: https://www.econbiz.de/10010575494
We propose a rigorous and flexible methodological framework to select and calibrate initial shocks to be used in bank … financial variables typically used in bank stress testing. …
Persistent link: https://www.econbiz.de/10010815985
Nous presentons un modèle qui s'inscrit dans le schema theorique de l'economie d'endettement ou la fixation du taux des crédits obeit a une logique de facturation du cout des ressources bancaires. Ce modele suppose que la concurrence sur le marché des crédits est monopolistique et que les...
Persistent link: https://www.econbiz.de/10005036211
Nous presentons un modele qui s'inscrit dans le schema theorique de l'economie d'endettement ou la fixation du taux des credits obeit a une logique de facturation du cout des ressources bancaires. Ce modele suppose que la concurrence sur le marche des credits est monopolistique et que les...
Persistent link: https://www.econbiz.de/10005781193
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
In the paper, we first investigate the impact of an increase in capital requirements on the equity risk (beta) of listed banks in France. We find that an increase in capital ratios reduces banks’ systematic risk. This leads to a decrease in shareholders’ required return on equity, providing...
Persistent link: https://www.econbiz.de/10010929764