Showing 1 - 10 of 39
If official figures overstated the growth of banking output in the UK in the recent boom, does this mean that GDP … growth was overstated too? The answer is no. It is truer to say that if banking output was overstated then the output of some … most of the problematic part of banking output drops out since it constitutes intermediate consumption not final …
Persistent link: https://www.econbiz.de/10010745950
banking sector as a whole that depends on total bank capital. Equilibrium risk and market risk premiums can be solved in …
Persistent link: https://www.econbiz.de/10010884614
This paper is a theoretical study of the transmission mechanism of monetary policy in the presence of an endogenous role of bank capital. The basic framework is a standard Dynamic New Keynesian model with price stickiness modified so as firms as well as banks face endogenous financial frictions...
Persistent link: https://www.econbiz.de/10010884669
This article examines the 2007 banking crisis from an interdisciplinary and, in particular, social constructivist … for strengthening the democratic dimension of the banking system as a vital nexus between the real economy, government and …
Persistent link: https://www.econbiz.de/10010884691
This paper investigates the relationship between infation uncertainty and investment using a panel of loan-level data from small businesses. Micro-level data makes it possible to study phenomena that are obscured in country or industry aggregates. The data show that periods of increased...
Persistent link: https://www.econbiz.de/10010884740
of supervision. We suggest that the new architecture should revolvearound the following principles: (i) banking …
Persistent link: https://www.econbiz.de/10010744814
The paper investigates the relationship between underground activities and financial deepening. The access to external finance requires entrepreneurs to disclose credible information through formal documentation. This requirement may be impossible to oblige to for many informal producers who...
Persistent link: https://www.econbiz.de/10010744823
essential for financial stability assessment. We present a set of banking stability measures embedding banks’ linear … effects associated with a specific bank. Our approach defines the banking system as a portfolio of banks and infers its …
Persistent link: https://www.econbiz.de/10010744840
setting. Thus, we are able to assess how the model conforms with the time series data of the U.K. banking system. We conclude …
Persistent link: https://www.econbiz.de/10010744867
This paper focuses on IT-enabled credit risk modernisation in commercial retail banking. The empirical material is …
Persistent link: https://www.econbiz.de/10010745039