Narrow search
Showing 1 - 10 of 193
Cover Image
Banks' management of the net interest margin: Evidence from Germany
Memmel, Christoph; Schertler, Andrea - Deutsche Bundesbank - 2011
We decompose the change in banks' net interest margin into a change in market-wide bank rates and a change in the balance-sheet composition. Our empirical findings from a detailed data set on German banks' balance-sheet positions, broken down into different maturities, creditors and borrowers...
Persistent link: https://www.econbiz.de/10009372145
Cover Image
Quantifying the components of the banks' net interest margin
Busch, Ramona; Memmel, Christoph - Deutsche Bundesbank - 2014
Using unique data sets on German banks, we decompose their net interest margin and quantify the different components by estimating the costs of the various functions they perform. We investigate three major functions: namely, liquidity and payment management for the customers, the bearing of...
Persistent link: https://www.econbiz.de/10010957140
Cover Image
The SSM at 1
Laeven, Luc; Draghi, Mario; Dombret, Andreas R.; … - SUERF - The European Money and Finance Forum; Deutsche …; … - 2016
On 3 December EY hosted a SUERF conference on banking reform with Sir Howard Davies, the Chairman of RBS, and Dame … Colette Bowe, the Chairman of the Banking Standards Board, as the two keynote speakers. Professor David Miles (Imperial … College) gave the SUERF 2015 Annual Lecture on Capital and Banks. The conference focused on core aspects of banking reform …
Persistent link: https://www.econbiz.de/10011557140
Cover Image
Does it pay to have friends? Social ties and executive appointments in banking
Berger, Allen N.; Kick, Thomas; Koetter, Michael; … - Deutsche Bundesbank - 2011
others. We exploit a unique sample to analyze how similarities and social ties affect career outcomes in banking based on age …
Persistent link: https://www.econbiz.de/10010954916
Cover Image
Regulation, credit risk transfer with CDS, and bank lending
Pausch, Thilo; Welzel, Peter - Deutsche Bundesbank - 2012
We integrate Basel II (and III) regulations into the industrial organization approach to banking and analyze the …
Persistent link: https://www.econbiz.de/10010957144
Cover Image
The price of liquidity: bank characteristics and market conditions
Fecht, Falko; Nyborg, Kjell G.; Rocholl, Jörg - Deutsche Bundesbank - 2008
We study differences in the price paid for liquidity across banks using price data at the individual bank level. Unique to this paper, we also have data on individual banks' reserve requirements and actual reserve holdings, thus allowing us to gauge the extent to which a bank is short or long...
Persistent link: https://www.econbiz.de/10005083283
Cover Image
Regulation, credit risk transfer with CDS, and bank lending
Pausch, Thilo; Welzel, Peter - Deutsche Bundesbank - 2012
We integrate Basel II (and III) regulations into the industrial organization approach to banking and analyze the …
Persistent link: https://www.econbiz.de/10010535443
Cover Image
Bank bailouts, interventions, and moral hazard
Dam, Lammertjan; Koetter, Michael - Deutsche Bundesbank - 2011
To test if safety nets create moral hazard in the banking industry, we develop a simultaneous structural two … probabilities on risk taking using exclusion restrictions based on regional political, supervisor, and banking market traits. The … sample includes all observed capital preservation measures and distressed exits in the German banking industry during 1995 …
Persistent link: https://www.econbiz.de/10009323135
Cover Image
The ESRB at 1
Gerlach, Stefan (ed.); Gnan, Ernest (ed.); Ulbrich, Jens (ed.) - Conference on ESRB at 1 <1, 2011, Berlin>; SUERF - The …; … - 2012
SUERF – The European Money and Finance Forum, the Deutsche Bundesbank and the Institute for Monetary and Financial Stability (IMFS) took the opportunity of the first anniversary of this new institution to organise a joint conference in Berlin on 8-9 November 2011. The purpose of this event was...
Persistent link: https://www.econbiz.de/10011711529
Cover Image
A hierarchical model of tail dependent asset returns for assessing portfolio credit risk
Puzanova, Natalia - Deutsche Bundesbank - 2011
This paper introduces a multivariate pure-jump Lévy process which allows for skewness and excess kurtosis of single asset returns and for asymptotic tail dependence in the multivariate setting. It is termed Variance Compound Gamma (VCG). The novelty of my approach is that, by applying a...
Persistent link: https://www.econbiz.de/10010954914