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Bad Bank Resolutions and Bank Lending
Brei, Michael - 2020
bank segregations are effective in cleaning up balance sheets and promoting bank lending only if they combine … purchases are funded privately; (ii) smaller shares of the originating bank's assets are segregated; and (iii) asset segregation … problem associated with the creation of a bad bank …
Persistent link: https://www.econbiz.de/10012841855
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Does Monetary Policy Affect Bank Risk-Taking?
Altunbas, Yener; Gambacorta, Leonardo; Marques-Ibanez, David - 2010
This paper investigates the relationship between short-term interest rates and bank risk. Using a unique database that …
Persistent link: https://www.econbiz.de/10014196758
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Banking Industry Dynamics and Size-Dependent Capital Regulation
Goel, Tirupam - 2016
-dependent bank capital regulation (CR). Bank leverage choices are subject to the risk-return trade-off: high leverage increases … expected return on capital, but also increases return variance and bank failure risk. Financial frictions imply that bank … leverage choices are socially inefficient, providing scope for a welfare-enhancing CR that imposes a cap on bank leverage. The …
Persistent link: https://www.econbiz.de/10012977150
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Policy Uncertainty and Bank Mortgage Credit
Kara, Gazi - 2020
We document that banks reduce supply of jumbo mortgage loans when policy uncertainty increases in their headquarter states as measured by the timing of US gubernatorial elections. The reduction is larger for term-limited elections and close elections. We utilize high-frequency, geographically...
Persistent link: https://www.econbiz.de/10012850544
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Policy Uncertainty and Bank Mortgage Credit
Kara, Gazi - 2019
We show that banks reduce the supply of jumbo mortgage loans when policy uncertainty increases, as measured by the timing of US gubernatorial elections in banks' headquarter states. We use high-frequency, geographically granular loan-level data to address an identification problem arising from...
Persistent link: https://www.econbiz.de/10012859647
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Structural Bank Regulation Initiatives : Approaches and Implications
Gambacorta, Leonardo - 2013
The paper examines the basic rationale and features of the proposals adopted to separate specific investment and commercial banking activities (Volcker rule, Vickers and Liikanen proposals). In particular, it focuses on the likely implications of such initiatives for: (i) financial stability and...
Persistent link: https://www.econbiz.de/10013081961
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Liquidity Risk and the Credit Crunch of 2007-2008 : Evidence from Micro-Level Data on Mortgage Loan Applications
Antoniades, Adonis - 2014
Recent empirical studies have shown that during the financial crisis of 2007-2008 banks that were more heavily exposed to liquidity risk contracted their supply of credit more sharply. I contribute to the identification of this effect by relying on the use of micro-level data on US mortgage loan...
Persistent link: https://www.econbiz.de/10013039970
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Financial Deglobalisation in Banking?
McCauley, Robert N. - 2017
This paper argues that the decline in cross-border banking since 2007 does not amount to a broad-based retreat in international lending ("financial deglobalisation"). We show that BIS international banking data organised by the nationality of ownership ("consolidated view") provide a clearer...
Persistent link: https://www.econbiz.de/10012953022
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Coco Issuance and Bank Fragility
Avdjiev, Stefan - 2017
first comprehensive empirical analysis of bank CoCo issues, a market segment that comprises over 730 instruments totaling …
Persistent link: https://www.econbiz.de/10012942917
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Macroeconomics of Bank Capital and Liquidity Regulations
Boissay, Frédéric - 2016
We study the transmission mechanisms of liquidity and capital regulations as well as their effects on the economy and welfare. We propose a macro-economic model in which a regulator faces the following trade-off. On the one hand, banking regulations may reduce the aggregate supply of credit. On...
Persistent link: https://www.econbiz.de/10012977251