Narrow search
Showing 1 - 10 of 112
Cover Image
Credit information in universal banking: A clinical study
Burghof, Hans-Peter; Henschel, Claudia - Center for Financial Studies - 1998
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
Cover Image
Determinants of bank lending performance
Ewert, Ralf; Schenk, Gerald - Center for Financial Studies - 1998
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
Cover Image
Granularity of corporate debt
Choi, Jaewon; Hackbarth, Dirk; Zechner, Josef - Center for Financial Studies - 2013
We study to what extent firms spread out their debt maturity dates across time, which we call granularity of corporate debt. We consider the role of debt granularity using a simple model in which a firm's inability to roll over expiring debt causes inefficiencies, such as costly asset sales or...
Persistent link: https://www.econbiz.de/10010958706
Cover Image
In lands of foreign currency credit, bank lending channels run through? The effects of monetary policy at home and abroad on the currency denomination of the supply of credit
Ongena, Steven; Schindele, Ibolya; Vonnák, Dzsamila - Center for Financial Studies - 2014
We analyze the differential impact of domestic and foreign monetary policy on the local supply of bank credit in … domestic and foreign currencies. We analyze a novel, supervisory dataset from Hungary that records all bank lending to firms …
Persistent link: https://www.econbiz.de/10010986409
Cover Image
Do consumers choose the right credit contracts?
Agarwal, Sumit; Chomsisengphet, Souphala; Liu, Chunlin; … - Center for Financial Studies - 2005
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
Cover Image
Do Consumers Choose the Right Credit Contracts?
Agarwal, Sumit; Chomsisengphet, Souphala; Liu, Chunlin; … - Center for Financial Studies - 2005
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
Cover Image
Comparative analysis of alternative credit risk models: An application on German middle market loan portfolios
Kern, Markus; Rudolph, Bernd - Center for Financial Studies - 2001
In recent years new methods and models have been developed to quantify credit risk on a portfolio basis. CreditMetrics (tm), CreditRisk+, CreditPortfolio (tm) are among the best known and many others are similar to them. At first glance they are quite different in their approaches and...
Persistent link: https://www.econbiz.de/10010986454
Cover Image
Hold-up in multiple banking: Evidence from SME lending
Brunner, Antje; Krahnen, Jan Pieter - Center for Financial Studies - 2010
estimation. The analysis allows to distinguish between rents that accrue due to single bank lending, rents that accrue due to …
Persistent link: https://www.econbiz.de/10010958524
Cover Image
Why borrowers pay premiums to larger lenders: Empirical evidence from sovereign syndicated loans
Hallak, Issam - Center for Financial Studies - 2002
All other terms being equal (e.g. seniority), syndicated loan contracts provide larger lending compensations (in percentage points) to institutions funding larger amounts. This paper explores empirically the motivation for such a price design on a sample of sovereign syndicated loans in the...
Persistent link: https://www.econbiz.de/10010958529
Cover Image
Countdown for the New Basle Capital Accord: Are German banks ready for the internal ratings-based approach?
Ewert, Ralf; Szczesny, Andrea - Center for Financial Studies - 2001
This paper uses a unique data set from credit files of six leading German banks to provide some empirical insights into their rating systems used to classify corporate borrowers. On the basis of the New Basle Capital Accord, which allows banks to use their internal rating systems to compute...
Persistent link: https://www.econbiz.de/10010958658