Showing 1 - 10 of 13
This note explores the costs and benefits of different policy options to reduce the risks associated with credit booms, drawing upon several country experiences and the findings from econometric analysis.
Persistent link: https://www.econbiz.de/10011245891
This paper assesses the impact of the geographic diversification of bank holding company (BHC) assets across the United States on their market valuations. Using two novel identification strategies based on the dynamic process of interstate bank deregulation, we find that exogenous increases in...
Persistent link: https://www.econbiz.de/10009654142
competitive conduct of financial institutions and banking system fragility. Using the Panzar and Rosse H-Statistic as a measure … for competition in 38 countries during 1980-2003, we present evidence that more competitive banking systems are less prone …
Persistent link: https://www.econbiz.de/10005825680
In episodes of significant banking distress or perceived systemic risk to the financial system, policymakers have often … restructuring programs and may increase moral hazard going forward. Using a sample of 42 episodes of banking crises, this paper …
Persistent link: https://www.econbiz.de/10005826542
The paper provides an empirical analysis of aggregate banking system ratios during systemic banking crises. Drawing … discriminate between sound and unsound banking systems. We also estimate a duration model to investigate whether the ratios help … determine the timing of a banking crisis. Despite some weaknesses in the available data, our findings offer initial evidence …
Persistent link: https://www.econbiz.de/10005768721
We bring to bear a hand-collected dataset of executive turnovers in U.S. banks to test the efficacy of market discipline in a 'laboratory setting' by analyzing banks that are less likely to be subject to government support. Specifically, we focus on a new face of market discipline: stakeholders'...
Persistent link: https://www.econbiz.de/10008497599
This paper presents a new database on the timing of systemic banking crises and policy responses to resolve them. The … database covers the universe of systemic banking crises for the period 1970-2007, with detailed data on crisis containment and …. The database extends and builds on the Caprio, Klingebiel, Laeven, and Noguera (2005) banking crisis database, and is the …
Persistent link: https://www.econbiz.de/10005599378
when controlling for the degree of concentration in banking systems, inter-industry competition, characteristics of the …
Persistent link: https://www.econbiz.de/10005605326
We update the widely used banking crises database by Laeven and Valencia (2008, 2010) with new information on recent … banking, currency, and sovereign debt crises during the period 1970-2011. The data show some striking differences in policy …
Persistent link: https://www.econbiz.de/10010790233
Persistent link: https://www.econbiz.de/10010790464