Showing 1 - 10 of 141
A bank’s interest expenses are found to increase with its degree of internationalization as proxied by its share of … bank is performing badly. Our benchmark estimation suggests that an international bank’s cost of funds raised through a … foreign subsidiary is between 1.5% and 2.4% higher than the cost of funds for a purely domestic bank, which is a sizeable …
Persistent link: https://www.econbiz.de/10011091912
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
. 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 variation in consumer price inflation across 71 Russian regions to examine the relationship between the perceived stability of the domestic currency and financial dollarization. Our results show that regions with higher inflation experience an increase in the dollarization of...
Persistent link: https://www.econbiz.de/10011199227
Abstract: This paper investigates the credit supply of banks in response to domestic and foreign real estate price changes. Using a large international dataset of multinational banks, we find evidence of a significant transmission of domestic real estate shocks into lending abroad. A 1% decrease...
Persistent link: https://www.econbiz.de/10011091102
Using a novel way to identify relationship and transaction banks, we study how banks’ lending techniques affect funding to SMEs over the business cycle. For 21 countries we link the lending techniques that banks use in the direct vicinity of firms to these firms’ credit constraints at two...
Persistent link: https://www.econbiz.de/10011091520
financial crisis. For identification, we use matched bank-firm level data, including many small and medium-sized firms, in … time have a relationship with an internationally-borrowing domestic or a foreign bank (as compared to a locally …-funded domestic bank) suffer more in their financing and real performance. Single-bank-relationship firms, small firms and firms with …
Persistent link: https://www.econbiz.de/10011092141