Showing 1 - 10 of 53
We test three hypotheses regarding changes in supervisory toughness' and their effects on bank lending. The data provide modest support for all three hypotheses that there was an increase in toughness during the credit crunch period (1989-1992), that there was a decline in toughness during the...
Persistent link: https://www.econbiz.de/10012471072
emerging market events in perspective. The LTCM crisis had no significant contagion effects in the banking sector either, but …
Persistent link: https://www.econbiz.de/10012471245
This paper argues that an implicit deposit-insurance credit enhancement is extended to any nondeposit savings vehicle offered by a very large bank. This unpriced credit enhancement helps to explain the preference revealed by very large U.S. banks for gearing up to offer mutual funds instead of...
Persistent link: https://www.econbiz.de/10012473775
This paper examines an effect of deregulating the market for corporate control on CEO compensation in the banking … industry. Given that each state's banking regulation defines the competitiveness of its corporate control market, we examine … the effect of a state's interstate banking regulation on the level and structure of bank CEO compensation. Using panel …
Persistent link: https://www.econbiz.de/10012474224
This paper asks whether the vaunted comparative stability of the Canadian banking system has been purchased at the cost …
Persistent link: https://www.econbiz.de/10012474396
This paper pinpoints sources of recent problems in U.S. commercial banking. The objective is to provide a context for … banking less stable in the 1980s. The second part identifies the specific sources of the industry's difficulties over this … recent policy reforms and on-going policy options. in the light of our evidence on the main sources of problems in banking …
Persistent link: https://www.econbiz.de/10012474547
The major theme of this paper is that the commercial banks have weathered the debt crisis, while many debtor countries remain in economic paralysis or worse. There is a growing consensus that much of the LDC debt will not be fully serviced in the future, and that consensus is reflected in at...
Persistent link: https://www.econbiz.de/10012476612
to be abolished within a broader program of banking and financial market deregulation. The Euro-bond market offers an … the banking system …
Persistent link: https://www.econbiz.de/10012477661
We characterize how U.S. global systemically important banks (GSIBs) supply short-term dollar liquidity in repo and foreign exchange swap markets in the post-Global Financial Crisis regulatory environment and serve as the "lenders-of-second-to-last-resort". Using daily supervisory bank balance...
Persistent link: https://www.econbiz.de/10012481346
We develop a theory of bank board risk committees. With this theory, such committees are valuable even though there is no expectation that bank risk is lower if the bank has a well-functioning risk committee. As predicted by our theory (1) many large and complex banks voluntarily chose to have a...
Persistent link: https://www.econbiz.de/10012599396