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Over the last two decades, communication has become an increasingly importantaspect of monetary policy. These real-world … developments have spawned a huge newscholarly literature on central bank communicationmostly empirical, and almost all of it … and powerful part of the central bank's toolkit since it has the ability to move financial markets, to enhance the …
Persistent link: https://www.econbiz.de/10005106644
stronger competition implies significantly lower spreads between bank and market interest rates for most loan market products … pass-through of market rates to bank interest rates, we likewise find that banks tend to price their loans more in … stronger, we observe larger bank spreads (implying lower bank interest rates) on current account and time deposits. This would …
Persistent link: https://www.econbiz.de/10005106652
advantage drives banks to seek out specific markets. Using detailed, bilateral data of bank ownership for a large number of …
Persistent link: https://www.econbiz.de/10005106662
-2000, with detailed information on bank ownership and mode of entry. Our analysis shows that during crisis periods domestic banks … contracted their credit and deposit bases, whereas foreign banks - especially greenfields - did not. Also, home country … conditions matter for foreign bank growth, as there is a significant and negative relationship between home country economic …
Persistent link: https://www.econbiz.de/10005106763
contracted their credit base, whereas greenfield foreign banks did not. Also, home country conditions matter for foreign bank … greenfields. Finally, foreign bank subsidiary's credit growth is influenced by the health of the parent bank. …-2000, with detailed information on bank ownership and mode of entry. We show that during crisis periods (former) domestic banks …
Persistent link: https://www.econbiz.de/10005106794
credit and deposit bases, whereas foreign banks did not. Also, home country conditions matter for foreign bank growth, as …-2000, with detailed information on bank ownership. Our analysis shows that during crisis periods domestic banks contracted their … there is a significant and negative relationship between home country economic growth and host country credit by foreign …
Persistent link: https://www.econbiz.de/10005030246
This paper experimentally studies the impact of uncertainty about bank and borrower fundamentals on loan repayment. We … about bank weakness. Borrowers are also less likely to repay in the presence of higher uncertainty regarding other … individual borrower, loss aversion and negative past experiences reduce repayment, suggesting that bank failure can be contagious …
Persistent link: https://www.econbiz.de/10009274333
We conduct a laboratory experiment to examine under which circumstances a depositor-run at one bank may lead to a … depositor-run at another bank. We implement two-person coordination games which capture the essence of the Diamond-Dybvig (1983 …) bank-run model. Subjects in the roles of followers observe the deposit withdrawal decisions of leaders before they make …
Persistent link: https://www.econbiz.de/10010757292
To what extent was the credit contraction during the global financial crisis due to more intense screening and … indicates that the reduction in bank lending during the crisis was at least partly caused by stricter bank screening and …
Persistent link: https://www.econbiz.de/10008587049
This paper examines how credit risk affects bank lending and the business cycle. We estimate a panel Vector …, inflation, the short-term interest rate, bank lending, as well as loan loss provisioning by banks (as proxy for credit risk …). Our main findings are that: (i) bank lending and loan loss provisioning are important drivers of business cycle …
Persistent link: https://www.econbiz.de/10010945599