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Persistent link: https://www.econbiz.de/10001646103
Die Vorstellung selbst-stabilisierender, zum Gleichgewicht tendierender Finanzmärkte, lange Zeit als Selbstverständlichkeit angesehen, ist durch die aktuelle Banken- und Kreditkrise in Frage gestellt. Trotz ausgefeilten Risikomanagements der Banken und einer an Basel II orientierten Aufsicht...
Persistent link: https://www.econbiz.de/10010986485
financial decisions. We utilize a unique market experiment conducted by a large U.S. bank to assess how systematic and costly … such mistakes are in practice. The bank offered consumers a choice between two credit card contracts, one with an annual …
Persistent link: https://www.econbiz.de/10010958552
Market discipline for financial institutions can be imposed not only from the liability side, as has often been stressed in the literature on the use of subordinated debt, but also from the asset side. This will be particularly true if good lending opportunities are in short supply, so that...
Persistent link: https://www.econbiz.de/10010958587
We studied information and interaction processes in six lending relationships between a universal bank and medium sized …, bank monitoring is based mainly on cheap, retrospective and internal data. In case of distress, more expensive, prospective … firm's investments might leave the bank in a very strong bargaining position and distort investment incentives. Therefore …
Persistent link: https://www.econbiz.de/10010958602
with banking and insurance sectors, we show that credit risk transfer can be beneficial when banks face uniform demand for …
Persistent link: https://www.econbiz.de/10010958684
During the last years the lending business has come under considerable competitive pressure and bank managers often … are able to explain the financial performance of bank lending activities. The analysis is based on the CFS-data-set that …
Persistent link: https://www.econbiz.de/10010958749
financial decisions. We utilize a unique market experiment conducted by a large U.S. bank to assess how systematic and costly … such mistakes are in practice. The bank offered consumers a choice between two credit card contracts, one with an annual …
Persistent link: https://www.econbiz.de/10005022421
Market discipline for financial institutions can be imposed not only from the liability side, as has often been stressed in the literature on the use of subordinated debt, but also from the asset side. This will be particularly true if good lending opportunities are in short supply, so that...
Persistent link: https://www.econbiz.de/10005176435
with banking and insurance sectors, we show that credit risk transfer can be beneficial when banks face uniform demand for …
Persistent link: https://www.econbiz.de/10005120774