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This paper is an analysis of Japan’s credit channel. The economic condition has no hindrance, but credit demand … aspects act as an impediment to credit control. The Executive Board expects restructuring of financial policies in government … this paper as a study of Japan’s thoughts in an efficient route to credit boom. …
Persistent link: https://www.econbiz.de/10011244991
banks was the fatal link between the collapse of structured finance and the global malfunction of funding markets that …
Persistent link: https://www.econbiz.de/10010790365
the GSEs. We find that judicial requirements reduce the supply of credit only for jumbo loans that are ineligible for GSE … nonbinary measures of judicial requirements, illustrate the consequences of foreclosure laws on the supply of mortgage credit …
Persistent link: https://www.econbiz.de/10011142095
We employ a unique data set containing bank-specific information to explore how foreign bank entry determines credit … allocation in emerging markets. We investigate the impact of the mode of foreign entry (greenfield or takeover) on banks …. The impact of foreign entry on credit allocation may stem from the superior performance of foreign entrants ("performance …
Persistent link: https://www.econbiz.de/10008497620
banks can extract market power rents. We show that more bank competition results in lower economy-wide risk, lower bank …
Persistent link: https://www.econbiz.de/10008528628
generate the main patterns observed in the sample during and following the Asian crisis, including the ensuing credit …
Persistent link: https://www.econbiz.de/10008646413
This paper studies overborrowing, financial crises and macro-prudential policy in an equilibrium model of business cycles and asset prices with collateral constraints. Agents in a decentralized competitive equilibrium do not internalize the negative effects of asset fire-sales on the value of...
Persistent link: https://www.econbiz.de/10008839333
data on thousands of euro area firms, we study factors that affect the access to finance of SMEs. We find that changes in … subsidies significantly improve access to finance of SMEs. Finally, access to finance is found to be positively related to firm …
Persistent link: https://www.econbiz.de/10011142188
Persistent link: https://www.econbiz.de/10011244751
This paper focuses on a detailed assessment of observance of the Committee on Payment and Settlement Systems (CPSS) core principles for systemically important payment systems in Thailand. This assessment covers the Bank of Thailand Automated High-Value Transfer Network (BAHTNET), which is a...
Persistent link: https://www.econbiz.de/10011244499