Showing 1 - 10 of 186
We analyze the stability of efficiency rankings of German universal banks between 1993 and 2004. First, we estimate … different risk preferences and measure efficiency with a structural model based on utility maximization. Using the almost ideal … demand system, we estimate input and profit demand functions to obtain proxies for expected return and risk. Efficiency is …
Persistent link: https://www.econbiz.de/10005082781
, foreign countries' demand and risk characteristics become more relevant when loans are distributed by banks' affiliates … that rising risk aversion among banks curbed cross-border lending during the financial crisis, especially at a later stage … active banks. For the period from 2002 to 2010, we look at quarterly transaction data (excluding valuation effects) on long …
Persistent link: https://www.econbiz.de/10009646498
recourse to the LOLR facility (a) to derive banks' willingness-to-pay for liquidity through a one-week repo and (b) to show … results suggest (i) that banks' willingness-to-pay for liquidity indeed reflects refinancing conditions in the interbank …
Persistent link: https://www.econbiz.de/10010957097
. Exploiting a unique dataset, we show how age, gender, and education composition of executive teams affect risk taking of … younger executive teams increase risk taking, as do board changes that result in a higher proportion of female executives. In … contrast, if board changes increase the representation of executives holding Ph.D. degrees, risk taking declines. …
Persistent link: https://www.econbiz.de/10010957149
sovereign debt crisis have been driven mainly by weak growth prospects and heightened sovereign risk and to a lesser extent, by … in general, better capitalized and less leveraged banks have outperformed their peers, a finding that supports …
Persistent link: https://www.econbiz.de/10010957160
In this paper, we analyze the impact of banks' non-interest income share on risk in the German banking sector for the … on risk significantly differs depending on banks' overall business model. More specifically, we show banks with retail …-oriented business model such as savings banks, cooperative banks and other retail-oriented banks become significantly more stable if …
Persistent link: https://www.econbiz.de/10010984719
In this paper, we analyze the impact of loan growth and business model on bank risk in 15 EU countries. In contrast to … the literature, we include a large number of unlisted banks in our sample which represent the majority of banks in the EU …. We show that banks with high rates of loan growth are more risky. Moreover, we find that banks will become more stable if …
Persistent link: https://www.econbiz.de/10010984734
. Exploiting a unique dataset, we show how age, gender, and education composition of executive teams affect risk taking of … younger executive teams increase risk taking, as do board changes that result in a higher proportion of female executives. In … contrast, if board changes increase the representation of executives holding Ph.D. degrees, risk taking declines. -- …
Persistent link: https://www.econbiz.de/10010535440
The paper discusses the question of whether financial participation of multilateral development banks does prompt … private investors to inject more risky equity capital in emerging market banks. Using a theoretical model, it is stipulated … measuring the amount of invested equity capital which, given a country's historical risk profile, can be considered "at risk" is …
Persistent link: https://www.econbiz.de/10005083314
The paper investigates the factors crucial in the locational decisions of multinational German banks in selected … variables of macroeconomic and financial sector risk along with measures of bank-client integration and host country market … characteristics. Results indicate that FDI by non-banks exerted a strong pull effect on banking FDI flows, as did highly developed …
Persistent link: https://www.econbiz.de/10005083324