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Government bailout : Troubled Asset Relief Program (TARP)

Lefebvre, Adelaide D. (contributor) - 2010

Persistent link: https://www.econbiz.de/10003871071

Banks’ Internal Capital Markets and Deposit Rates

Ben-David, Itzhak - 2015

A common view is that deposit rates are determined primarily by supply: depositors require higher deposit rates from risky banks, thereby creating market discipline. An alternative perspective is that market discipline is limited (e.g., due to deposit insurance and/or enhanced capital...

Persistent link: https://www.econbiz.de/10011955520

The International Exposure of U.S. Banks

Goldberg, Linda S. - 2005

This paper documents the changing international exposures of U.S. bank balance sheets since the mid-1980s. U.S. banks have foreign positions heavily concentrated in Europe, with more volatile flows to other regions of the world. In recent years some cross-border claims on Latin American...

Persistent link: https://www.econbiz.de/10012467318

Finance as a Barrier to Entry : Bank Competition and Industry Structure in Local U.S. Markets

Cetorelli, Nicola - 2004

This paper tests how competition in local U.S. banking markets affects the market structure of non-financial sectors … firms. The empirical evidence, however, strongly supports the idea that in markets with concentrated banking, potential … entrants face greater difficulty gaining access to credit than in markets where banking is more competitive …

Persistent link: https://www.econbiz.de/10012467857

Why Does Financial Development Matter? The United States from 1900 to 1940

Dehejia, Rajeev - 2003

contribute to this literature by examining the effect of state-level banking regulation on financial development and economic … growth in the United States from 1900 to 1940. Specifically, we make three contributions. First, drawing on the banking …

Persistent link: https://www.econbiz.de/10012469149

How do Financial Crises Redistribute Risk?

Mitchener, Kris; Vossmeyer, Angela - National Bureau of Economic Research - 2023

We examine how financial crises redistribute risk, employing novel empirical methods and micro data from the largest financial crisis of the 20th century - the Great Depression. Using balance-sheet and systemic risk measures at the bank level, we build an econometric model with incidental...

Persistent link: https://www.econbiz.de/10014337771

The Value of Intermediaries for GSE Loans

Bosshardt, Joshua; Kakhbod, Ali; Kermani, Amir - National Bureau of Economic Research - 2023

We analyze the costs and benefits of intermediaries for government-sponsored enterprise (GSE) mortgages using regulatory data. We find evidence of lenders pricing for observable and unobservable default risk independently from the GSEs. These findings are explained using a model of competitive...

Persistent link: https://www.econbiz.de/10014337808

Judging Banks' Risk by the Profits They Report

Meiselman, Ben S.; Nagel, Stefan; Purnanandam, Amiyatosh - National Bureau of Economic Research - 2023

In competitive capital markets, risky debt claims that offer high yields in good times have high systematic risk exposure in bad times. We apply this idea to bank risk measurement. We find that banks with high accounting return on equity (ROE) prior to a crisis have higher systematic tail risk...

Persistent link: https://www.econbiz.de/10014337867

Liquidity Risk and U.S. Bank Lending at Home and Abroad

Correa, Ricardo - 2014

While the balance sheet structure of U.S. banks influences how they respond to liquidity risks, the mechanisms for the effects on and consequences for lending vary widely across banks. We demonstrate fundamental differences across banks without foreign affiliates versus those with foreign...

Persistent link: https://www.econbiz.de/10012458381

Did Railroads Make Antebellum U.S. Banks More Sound?

Atack, Jeremy - 2014

" banking outcomes. Although railroads improved economic conditions along their routes, we offer evidence of another channel …

Persistent link: https://www.econbiz.de/10012458632