Showing 1 - 10 of 138
allocation in emerging markets. We investigate the impact of the mode of foreign entry (greenfield or takeover) on banks …
Persistent link: https://www.econbiz.de/10011091073
We propose a new method for measuring the quality of banks credit portfolios. This method makes use of information …
Persistent link: https://www.econbiz.de/10011091849
We exploit detailed data on approved and rejected small business loans to assess the impact of the introduction of a credit registry in Bosnia and Herzegovina. Our findings are threefold. First, mandatory information sharing tightens lending at the extensive margin as more applications are...
Persistent link: https://www.econbiz.de/10011273894
. For an international sample of banks, this paper investigates the impact of government indebtedness and deficits on bank …Deteriorating public finances around the world raise doubts about countries’ abilities to bail out their largest banks … stock prices and CDS spreads. Overall, bank stock prices reflect a negative capitalization of government debt and they …
Persistent link: https://www.econbiz.de/10011092586
We show that the diversification of risks at financial institutions has unwelcome effects by increasing the likelihood of systems crises.As a result, complete diversification is not warranted adn the optimal degree of diversification is arbitrarily low.We also identify externalities that cause...
Persistent link: https://www.econbiz.de/10011092648
an international sample of 1334 banks in 101 countries leading up to the 2007 financial crisis. Expansion into non … can offer some risk reduction at commonly observed low levels of non-deposit funding. A sizeable proportion of banks …
Persistent link: https://www.econbiz.de/10011092794
This paper analyzes the relationship between banks’ divergent strategies toward specialization and diversification of … financial activities and their ability to withstand a banking sector crash. We first generate market-based measures of banks … probability of a sharp decline in a bank’s stock price conditional on a crash in a banking index. Subsequently, the impact of (the …
Persistent link: https://www.econbiz.de/10011092811
Abstract: Banking crises involve periods of persistently low credit and economic growth. Banks’ balance sheets are then …
Persistent link: https://www.econbiz.de/10011092853
in competition will have a larger impact on banks’ fragility in countries with stricter activity restrictions, lower …
Persistent link: https://www.econbiz.de/10011090475
This paper gauges the effect of financial deepening and bank outreach on informality using micro data from the Indian manufacturing sector and exploiting cross-industry variation in the need for external finance. We distinguish between two channels through which access to finance can reduce...
Persistent link: https://www.econbiz.de/10011090487