Showing 1 - 10 of 208
Post-crisis stress tests have helped to enhance financial stability and to reduce banks' risk-taking. In order to … entrepreneurship and innovation at young firms. Banks subject to stress tests have strongly cut small business loans secured by home … entrepreneurship during the recovery in counties with higher exposure to stress tested banks. The decline has been steeper in sectors …
Persistent link: https://www.econbiz.de/10012857892
Among the policy responses to the global financial crisis, the international provision of US dollars via central bank …
Persistent link: https://www.econbiz.de/10009138467
Every financial crisis brings in its wake demands for more information; the latest one is no exception. Because, in … with corresponding information on the international geography of these banks' operations and, for crisis management …
Persistent link: https://www.econbiz.de/10013064189
This paper provides an overview of bank funding trends in the euro area following the 2007-09 global financial crisis … and the euro area crisis. It shows that funding has become segmented along national borders and that secured instruments …
Persistent link: https://www.econbiz.de/10013064410
This paper examines whether the rescue measures adopted during the global financial crisis helped to sustain the supply … 1995-2010. While stronger capitalisation sustains loan growth in normal times, banks during a crisis can turn additional …
Persistent link: https://www.econbiz.de/10013067136
convertibility during the crisis. Banks that relied more heavily on New York correspondents as a source of liquidity were more likely …
Persistent link: https://www.econbiz.de/10013001443
The paper investigates whether impaired asset segregation tools, otherwise known as bad banks, and recapitalisation lead to a recovery in the originating banks' lending and a reduction in non-performing loans (NPLs). Results are based on a novel data set covering 135 banks from 15 European...
Persistent link: https://www.econbiz.de/10012841855
": all healthy credit relationships are alike, each unhealthy credit relationship is unhealthy in its own way. During non-crisis … years, bank flows are well-explained by a common global factor and a local demand factor. But during times of crisis flows …
Persistent link: https://www.econbiz.de/10012955840
Financial stability depends on the effective regulation of central counterparties (CCPs), which must take account of the incentives that drive CCP behavior. This paper studies the incentives of a for-profit CCP with limited liability. It faces a trade-off between fee income and counterparty...
Persistent link: https://www.econbiz.de/10012893046
The promise of contingent convertible capital securities (CoCos) as a 'bail-in' solution has been the subject of considerable theoretical analysis and debate, but little is known about their effects in practice. In this paper, we undertake the first comprehensive empirical analysis of bank CoCo...
Persistent link: https://www.econbiz.de/10012942917