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In moral hazard models, bank shareholders have incentives to transfer wealth from the deposit insurer - that is … value, and a risk measure, this paper develops a semi-parametric model for estimating the critical level of bank risk at …
Persistent link: https://www.econbiz.de/10001630859
While the balance sheet structure of U.S. banks influences how they respond to liquidity risks, the mechanisms for the effects on and consequences for lending vary widely across banks. We demonstrate fundamental differences across banks without foreign affiliates versus those with foreign...
Persistent link: https://www.econbiz.de/10010784189
particular, I find that a bank affiliated with a multi-bank holding company is significantly safer than either a stand-alone bank … or a bank affiliated with a one-bank holding company. Not only does affiliation reduce the probability of future … other banks. Moreover, the effects of affiliation are strengthened for an expanding bank holding company. However, the …
Persistent link: https://www.econbiz.de/10002128532
had a measurable effect on the stock market valuation of the forty-two bank holding companies subject to the SEC order. I …
Persistent link: https://www.econbiz.de/10001783071
Foreign bank entrants into emerging markets are usually thought to improve the condition and performance of acquired … institutions, and more generally to enhance local financial stability. We use bank-specific data for a range of Latin American …
Persistent link: https://www.econbiz.de/10001630856
Persistent link: https://www.econbiz.de/10000540679
mechanisms for shadow banking that have been documented in the literature. I then illustrate the role of shadow bank policies …
Persistent link: https://www.econbiz.de/10010751388
The sensitivity of housing demand to mortgage rates and available leverage is key to understanding the effect of monetary and macroprudential policies on the housing market. However, since there is generally no exogenous variation in these variables that is independent of confounding factors...
Persistent link: https://www.econbiz.de/10011093791
Remarks at Institute of International Bankers Seminar on Risk Management and Regulatory/Examinations Compliance Issues, New York City.
Persistent link: https://www.econbiz.de/10010938564
Remarks at the New York Bankers Association's Annual Meeting, New York City.
Persistent link: https://www.econbiz.de/10010951606