firms. Supply-side reductions resulted from the merger between two big banks and changes in credit risk management at major …The present paper investigates the number of bank relationships of small and medium-sized enterprises in Switzerland … using survey data from 1996 and 2002. We differentiate between overall bank relationships and lending relationships and …

banks to collect loans in a nonmonotonic way, a bank may be forced to exceed capital requirements. Moreover, high capital …This paper provides an explanation for the observation that banks hold on average a capital ratio in excess of … regulatory requirements. We use a functional approach to banking based on Diamond and Rajan (2001) to demonstrate that banks can …

This paper presents a model on contagion in nancial markets. We use a bank run framework as a mechanism to initiate a … model proposes that a crisis is more likely to be contagious when (1) banks have similar cost-effciency structures … decision made by the banks. It increases with (1) the prospect of the risky asset (risk-return trade-off) and (2) the fraction …

competition. The relationship lender’s (insider bank’s) informational advantage creates a lock-in effect, which is at its height … the switching cost increases, which de facto reduces the insider bank’s profits. However, after a certain threshold in the … switching cost, the insider bank’s ‘mark-up’ begins to increase again. Hence, relationship benefits are a non-monotonous (V …

This article develops a model of bank runs and crises and analyses how the presence of a lender of last resort (LOLR …

The paper focuses on a comparison of bank-based andmarket-based …nancial systems with respect to their ability to … agents (workers and entrepreneurs) and a financial system represented through either banks or a direct market. The dynamic … period. In contrast, the bank-based system allows for both quick recovery and postponing and smoothing the negative …

The purpose of this paper is to see whether and how G-10 banks have complied with the 1988 Basel Accord. The interest … similar to the 1988 agreement. However, very little is known about the reaction of non-US banks to the imposition of minimum … equations model to analyze adjustments in capital and credit risk at banks from G- 10 countries over the 1988-95 period. The …

This paper analyses the effect of soliciting a rating on the rating outcome of banks. This type of analysis sheds light … on an important policy question, namely whether there is a difference in treatment between banks which request a rating … and those which do not. Using a sample of Asian banks rated by Fitch Ratings, I find evidence that unsolicited ratings …