Showing 1 - 10 of 149
Abstract: This paper documents large cross-country variation in the relationship between bank competition and bank …
Persistent link: https://www.econbiz.de/10011090475
This paper provides the first empirical evidence on how home-country regulation and supervision affects bank risk … independently from the effect that bank balance sheet have on lending. These findings imply that loose home-country regulation and …
Persistent link: https://www.econbiz.de/10011090625
inefficiencies, as the various distortions can offset each other. Empirical analysis using bank-level data from the recent crisis …
Persistent link: https://www.econbiz.de/10011091960
Banking regulation has proven to be inadequate to guard systemic stability in the recent financial crisis. Central …. Using a model of a systemic bank suffering from liquidity shocks, we find that the unregulated bank keeps too much liquidity … induces moral hazard. Therefore, we introduce a fiscal authority that is able to bail out the bank by injecting capital. This …
Persistent link: https://www.econbiz.de/10011092076
create dependency between bank leverage and risk. Using a large international sample of banks this paper estimates the short … and long run effects of corporate income taxes (CIT) on bank capital structure and portfolio risk accounting for their ….8-1.4 percentage points in bank leverage and a 2-7-percentage point reduction in the average risk-weight of assets. While the estimated …
Persistent link: https://www.econbiz.de/10011092307
than under national resolution. Results from a numerical simulation exercise and empirical analysis using bank-level data …
Persistent link: https://www.econbiz.de/10011092538
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 … stock prices and CDS spreads. Overall, bank stock prices reflect a negative capitalization of government debt and they … valuation in countries running large fiscal deficits. Furthermore, the change in bank CDS spreads in 2008 relative to 2007 …
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
This paper examines the implications of bank activity and short-term funding strategies for bank risk and return using …, however, attract most of their short-term funding in the form of non-deposits at a cost of enhanced bank fragility. Overall …
Persistent link: https://www.econbiz.de/10011092794