Showing 1 - 10 of 171
Models which integrate various financial stability risks are still in an early stage of development. In this paper we use the Macrofinancial Risk model (MfRisk) to construct a measure for financial stability. MfRisk applies the Merton option model in a multi-sector framework. We argue that this...
Persistent link: https://www.econbiz.de/10005106687
This study contributes to the empirical evidence on the lending channel in the Netherlands using individual bank data … the lending channel theory. A contribution of this study is that it gives evidence that the monetary policy impact on bank … lending also depends on the market segment in which a bank is active. The evidence suggests that the lending channel is not …
Persistent link: https://www.econbiz.de/10005021861
interaction between business cycles and bank behaviour over the past two decades for 26 industrial countries. As expected, profits …
Persistent link: https://www.econbiz.de/10005021893
This paper provides an overview of the literature on intraday credit in payment systems to date and explores the dilemma central banks face when deciding on their intraday credit policies. On the one hand, any strategy in which the costs of liquidity are not fully borne by payment system...
Persistent link: https://www.econbiz.de/10005101828
created by unsound loan loss provisioning. This paper investigates how bank provisioning behaviour is related to the business … cycle, using 8,000 bank-year observations from 29 OECD countries over the past decade. Provisioning turns out to be …
Persistent link: https://www.econbiz.de/10005030251
created by unsound loan loss provisioning. This paper investigates how bank provisioning behaviour is related to the business … cycle, using 8,000 bank-year observations from 29 OECD countries over the past decade. Provisioning turns out to be …
Persistent link: https://www.econbiz.de/10005030256
Do tightenings of bank lending standards permanently reduce bank lending? We construct a measure of a bank's level of … lending standards using micro-data from the sample of banks participating in the Eurosystem Bank Lending Survey in The … relevant; a one point tightening reduces a bank's quarterly growth rate of business lending by about half a percentage point …
Persistent link: https://www.econbiz.de/10010822703
1995 to 2012. The estimated CCI has a high correlation with the Bank Lending Survey, a quarterly survey in which banks are …
Persistent link: https://www.econbiz.de/10011079889
This paper argues that a special bank bankruptcy regime is desirable for the efficient restructuring and/or liquidation … to better mitigate disruptions in the financial system and minimize the social costs of bank distress. We compare the U ….S., UK, and German bank bankruptcy frameworks and describe the EU framework for cross-border bank bankruptcy. We support our …
Persistent link: https://www.econbiz.de/10009275471
We examine whether Fitch support ratings of US banks depend on bank size. Using quarterly data for the period 2004:Q4 … to 2012:Q4 and controlling for several factors that make large and small banks different, we find that bank size is …
Persistent link: https://www.econbiz.de/10010885311