Showing 1 - 10 of 165
Persistent link: https://www.econbiz.de/10011790739
We investigate the effects of credit ratings-contingent financial regulation on foreign bank lending behavior. We … examine the sensitivity of international bank flows to debtor countries’ sovereign credit rating changes before and after the …
Persistent link: https://www.econbiz.de/10010945108
The current financial crisis, which has lasted almost one and a half years, is the 19th such crisis in the post-war period in advanced economies. Recent literature classifies the Nordic crises in Norway, Sweden and Finland in late 1980's and early 1990’s among the Big Five crises that have...
Persistent link: https://www.econbiz.de/10005207165
We study whether the mechanism design in the central bank liquidity auctions matters for the interbank money market … valuations in the liquidity auctions. The model captures the relevant features of how the European Central Bank sells liquidity …
Persistent link: https://www.econbiz.de/10010698833
in connection with stress testing in the Bank of Finland. …
Persistent link: https://www.econbiz.de/10005190746
The macroeconomic determinants of banking sector distresses in the Nordic countries, Belgium, Ger-many, Greece, Spain and the UK are analysed using an econometric model estimated on panel data from partly the early 1980s to 2002. The dependent variable is the ratio of banks’ loan losses to...
Persistent link: https://www.econbiz.de/10005648852
This paper tests for the presence of a credit channel (particularly a bank-lending sub-channel) for monetary policy in … with the existence of a broad credit channel, whereas the bank-lending channel seems to be operational only under certain … suggests the existence of a clear relationship between the presence of a credit (bank lending) channel, the efficiency level of …
Persistent link: https://www.econbiz.de/10005648926
This paper presents econometric analyses on the determination of bank deposit and lending rates using longitudinal …
Persistent link: https://www.econbiz.de/10005649010
This paper evaluates bank exit regimes in selected financial centres using econometric methods. The focus is on bank … exit regimes applicable to commercial banks in New York, London, Frankfurt, Helsinki and Tokyo in 1998–2002. Bank exit … regimes are studied from the perspective of bank creditors and bank shareholders. In order to apply econometric methods, the …
Persistent link: https://www.econbiz.de/10005423720
This paper examines the fundamental relationship between retail payments and overall economic growth. Using data from across 27 European markets over the period 1995–2009, the results confirm that migration to efficient electronic retail payments stimulates overall economic growth, consumption...
Persistent link: https://www.econbiz.de/10010548604