Showing 1 - 10 of 87
This paper provides new evidence on the contribution of local banking to local economic growth (i.e. at county level …
Persistent link: https://www.econbiz.de/10010896183
In the European Emission Trading scheme the supply of allowances exceeds emissions - cumulating, according to our estimates, in a surplus of 2.7 billion tonnes by 2013/2014. We find that initially the surplus was acquired by power companies so as to hedge future carbon costs. As the surplus...
Persistent link: https://www.econbiz.de/10009653965
of CO2 allowances considering also emissions impact and banking of allowances by speculative investors. We find that …
Persistent link: https://www.econbiz.de/10010896206
affect cross-border banking. Furthermore, I extend the baseline model to allow for third-country effects, which have been …, is there a spatial dimension in cross-border banking? Second, if so, has it changed over time, and third, what happens if … this spatial dimension is ignored? I use bilateral data on cross-border banking assets for 15 countries over the time …
Persistent link: https://www.econbiz.de/10010661271
This study assesses how banking sector integration and especially cross-border lending affect macroeconomic stability … large banks as measured by high concentration in the banking industry has to be accounted for. I study the role of different … forms of banking sector integration - i.e. arms-length crossborder lending versus lending via foreign affiliates - for the …
Persistent link: https://www.econbiz.de/10009644901
affect cross-border banking. Furthermore, I extend the baseline model to allow for third-country effects, which have been …, is there a spatial dimension in cross-border banking? Second, if so, has it changed over time, and third, what happens if … this spatial dimension is ignored? I use bilateral data on cross-border banking assets for 15 countries over the time …
Persistent link: https://www.econbiz.de/10010896125
Patterns in cross-border banking have changed since the global financial crisis. This may affect domestic bank market … modes of cross-border banking impact bank concentration. I use a two- country general equilibrium model with heterogeneous … banking sector on bank market structures. The model suggests that both cross-border lending and bank FDI mitigate …
Persistent link: https://www.econbiz.de/10010896185
This paper analyses macroeconomic and financial determinants of bad loans applying a SVAR approach to investigate whether excessive loans granted during expansionary phases can explain the more than proportional increase in non-performing loans during contractionary periods. The results indicate...
Persistent link: https://www.econbiz.de/10010783998
banking and insurance performance, and evaluate the forecasts from our model. We find that taking unobserved common factors …
Persistent link: https://www.econbiz.de/10004963890
integration of global financial markets, mega-terrorist events also have a high contagion potential with their shock waves being …
Persistent link: https://www.econbiz.de/10010553342