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How susceptible to contagion are bank deposits associated with financial inclusion? To shed light on this question, we … analyze the behavior of deposits of different account sizes around three significant bank closures in the Philippines. When we … large deposits at the town level, we find no evidence that the closure of a large bank leads to withdrawals by depositors at …
Persistent link: https://www.econbiz.de/10012919124
The global financial crisis led to discussion of corrective bank taxes to promote financial stability. This paper …
Persistent link: https://www.econbiz.de/10013063665
In the wake of the Asian financial crisis, many regimes in Asia adopted stricter provisioning requirements, as well as discretionary measures, with the objective of increasing provisioning in good times in response to rising levels of risk. Based on a final sample of 240 banks in 12 Asian...
Persistent link: https://www.econbiz.de/10013066258
-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
. Specifically, it takes stock of the salient new features of bank and CCP international standards within a unified analytical …
Persistent link: https://www.econbiz.de/10012835929
first comprehensive empirical analysis of bank CoCo issues, a market segment that comprises over 730 instruments totaling …
Persistent link: https://www.econbiz.de/10012942917
in future states. When risks rise or risk management strengthens, a bank reallocates capital to the more efficient unit …
Persistent link: https://www.econbiz.de/10012944464
This paper investigates the bank lending-channel of monetary policy (MP) surprises. To identify the effects of MP … this high-frequency identification strategy to comprehensive and matched bank-firm data from Brazil. The results are robust … across financial intermediaries, e.g. bank capital, are relevant. Firms connected to stronger banks mitigate about one third …
Persistent link: https://www.econbiz.de/10012864776
corresponding imperfect substitutability between private and commercial credit for the entrepreneur's relationship bank is then …
Persistent link: https://www.econbiz.de/10012977947
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