Similar Search Results

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...

Persistent link: https://www.econbiz.de/10011557140

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-equations model that specifies the probability of a bailout and banks' risk taking.We identify the effect of expected bailout probabilities on risk taking using exclusion restrictions...

Persistent link: https://www.econbiz.de/10009323135

Moral hazard and bail-out in fiscal federations: evidence for the German Länder

Heppke-Falk, Kirsten H.; Wolff, Guntram B. - Deutsche Bundesbank - 2007

We identify investor moral hazard in the German fiscal federation. Our identification strategy is based on a variable, which was used by the German Federal Constitutional Court as an indicator to determine eligibility of two German states (Länder) to a bail-out, the interest payments-to-revenue...

Persistent link: https://www.econbiz.de/10005083197

A "wreckers theory" of financial distress

von Kalckreuth, Ulf - Deutsche Bundesbank - 2005

In recent years, a number of papers have established a new empirical regularity. Stocks of distressed firms vastly underperform those of financially healthy firms. It is not necessary to attribute the negative excess returns of distressed firms to inefficient or irrational markets. We show that...

Persistent link: https://www.econbiz.de/10005059016

Kredite und Einlagen

1994

Persistent link: https://www.econbiz.de/10000891772

Do specialization benefits outweigh concentration risks in credit portfolios of German banks?

Böve, Rolf; Düllmann, Klaus; Pfingsten, Andreas - Deutsche Bundesbank - 2010

) abilities and on the sectoral concentration risk of a credit portfolio. In this paper, we examine in the first part if … cooperative banks. In the second part we measure the overall effect of better monitoring and the associated higher sectoral credit … concentrations on the credit risk of the portfolio. Our empirical results suggest that specialization benefits overcompensate the …

Persistent link: https://www.econbiz.de/10008764627

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

Verzeichnis der bei der Deutschen Bundesbank beleihbaren Wertpapiere : Lombardverzeichnis

Deutsche Bundesbank - 1998

Persistent link: https://www.econbiz.de/10000150191

Die Kreditzusagenstatistik der Deutschen Bundesbank

In: Monatsbericht 31 (1979) 5, pp. 11-19

Persistent link: https://www.econbiz.de/10003302175

Verzeichnis der bei der Deutschen Bundesbank beleihbaren Wertpapier

1980 - [Neuester Stand]

Persistent link: https://www.econbiz.de/10003638190