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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

Banks and Financial Intermediation in Emerging Asia : Reforms and New Risks

Mohanty, Madhusudan S. - 2013

very easy financing conditions for banks. Bank credit expanded. Banks have accumulated a large stock of government bonds …

Persistent link: https://www.econbiz.de/10013094599

Credit Supply and Productivity Growth

Manaresi, Francesco - 2018

We study the impact of bank credit supply on firm output and productivity. By exploiting a matched firm-bank database …

Persistent link: https://www.econbiz.de/10012923261

Characterising the Financial Cycle : Don't Lose Sight of the Medium Term!

Drehmann, Mathias - 2014

We characterize empirically the financial cycle using two approaches: analysis of turning points and frequency-based filters. We identify the financial cycle with the medium-term component in the joint fluctuations of credit and property prices; equity prices do not fit this picture well. We...

Persistent link: https://www.econbiz.de/10013065959

Transmitting Global Liquidity to East Asia : Policy Rates, Bond Yields, Currencies and Dollar Credit

He, Dong - 2014

We review extant work on the transmission of monetary policy, both conventional and unconventional, of the major advanced economies to East Asia through monetary policy reactions, integrated bond markets and induced currency appreciation. We present new results on the growth of foreign currency...

Persistent link: https://www.econbiz.de/10013059558

The US Dollar Shortage in Global Banking and the International Policy Response

McGuire, Patrick M.; Von Peter, Goetz - 2013

Among the policy responses to the global financial crisis, the international provision of US dollars via central bank …

Persistent link: https://www.econbiz.de/10014202514

Bank Ties and Firm Performance in Japan : Some Evidence Since FY2002

McGuire, Patrick M. - 2013

bank served as the main bank. However, affiliation with a main bank, proxied by firm-bank loan and shareholding ties … bank ties are less profitable, face higher interest payments, and yet do not seem to enjoy lower stock price volatility … earlier arguments that the benefits of main bank relationships accrue to the banks themselves …

Persistent link: https://www.econbiz.de/10013095765

External support and bank behaviour in the international syndicated loan market

Gadanecz, Blaise; Tsatsarōnēs, Kōstas; Altunbaş, Yener - Bank für Internationalen Zahlungsausgleich <Basel> - 2008

Banks that enjoyed generous external financial support tended to under-price risk in theinternational syndicated loan market and did not show signs of innovation in their loanparticipations. Loans arranged by such banks had on average lower spreads (controlling forrisk and other characteristics)...

Persistent link: https://www.econbiz.de/10009248827

Bank Competition and Credit Booms

Rungcharoenkitkul, Phurichai - 2015

A model of imperfectly competitive banks is examined under asymmetric information about borrower quality. Greater bank … empirical results on the relationship between bank competition and financial stability. The model can be used to define a …

Persistent link: https://www.econbiz.de/10013028276

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