Similar Search Results

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 … internal rating systems not comparable over banks and furthermore we reveal differences between credit rating determining and …

Persistent link: https://www.econbiz.de/10010958658

Lessons from the European financial crisis

Pagano, Marco - Center for Financial Studies - 2014

This paper distils three lessons for bank regulation from the experience of the 2009-12 euro-area financial crisis. First, it highlights the key role that sovereign debt exposures of banks have played in the feedback loop between bank and fiscal distress, and inquires how the regulation of...

Persistent link: https://www.econbiz.de/10010961638

Multiple lenders and corporate distress: Evidence on debt restructuring

Brunner, Antje; Krahnen, Jan Pieter - Center for Financial Studies - 2006

credit-file information on distressed lending relationships in Germany. In particular, it includes information on creditor …

Persistent link: https://www.econbiz.de/10010958807

Default risk in an interconnected banking system with endogeneous asset markets

Bluhm, Marcel; Krahnen, Jan Pieter - Center for Financial Studies - 2011

This paper analyzes the emergence of systemic risk in a network model of interconnected bank balance sheets. Given a shock to asset values of one or several banks, systemic risk in the form of multiple bank defaults depends on the strength of balance sheets and asset market liquidity. The price...

Persistent link: https://www.econbiz.de/10010958762

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 …

Persistent link: https://www.econbiz.de/10010986454

Hold-up in multiple banking: Evidence from SME lending

Brunner, Antje; Krahnen, Jan Pieter - Center for Financial Studies - 2010

This paper analyzes loan pricing when there is multiple banking and borrower distress. Using a unique data set on SME lending collected from major German banks, we can instrument for effective coordination between lenders, carrying out a panel estimation. The analysis allows to distinguish...

Persistent link: https://www.econbiz.de/10010958524

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

Credit information in universal banking: A clinical study

Burghof, Hans-Peter; Henschel, Claudia - Center for Financial Studies - 1998

firms. The study is based on the credit files of the respective firms. If no problems occur in these lending relationships …, the traditional view of credit assessment as observation of the quality of a borrower's investment programme needs to be …

Persistent link: https://www.econbiz.de/10010958602

Determinants of bank lending performance

Ewert, Ralf; Schenk, Gerald - Center for Financial Studies - 1998

those factors and the occurrence of several types of problems during the course of a credit engagement. Furthermore, the … results of both regressions are used to test theoretical hypotheses regarding the impact of certain parameters on credit terms …. Second, credit contracts seem to be priced lower for situations with greater risks. Finally, the results do not fully support …

Persistent link: https://www.econbiz.de/10010958749

Dealing with financial crises: How much help from research?

Pagano, Marco - Center for Financial Studies - 2014

Has economic research been helpful in dealing with the financial crises of the early 2000s? On the whole, the answer is negative, although there are bright spots. Economists have largely failed to predict both crises, largely because most of them were not analytically equipped to understand...

Persistent link: https://www.econbiz.de/10010958553

1
2
3
4
5
6
7
8
9
10
Next
Last